Iraqi Dinar Guru predictions/guesses and LOTS of BS!! 8-2-2013
Iraqi Dinar Guru predictions/guesses and LOTS of BS!! 8-2-2013
8-2-2013 Intel Guru TD My contact indicates we are still in countdown mode for the train to start from the station on August 8th or soon after… It will be a modest float as I learned and stated. Now for the newer developments: They are now in a hurry to set definite time frames to call in all the old notes which…is how they intend to manipulate the ROI, which like the float also means a modest return. So it seems you’ll only have a short ride on the train and will be asked to get off the first station. Of course as an investor you could redeem for the New Dinars and ride it out for a longer time.
8-2-2013 Intel Guru TD And one last juicy item my source revealed today: This should be a whack to all the Maliki haters, evidently Maliki was on the side of a huge markup on the Dinar, take credit for it & make himself a hero in the process. THIS ATTEMPT OF A HUGE VALUE CHANGE WAS DEEMED UNREALISTIC AND UNSUPPORTABLE, BY THE IMF, THE CBI & THE FINANCE COMMITTEE AND SO MALIKI WAS OVERULED IN FAVOR OF THE PLAN TO BE ROLLED OUT.
8-1-2013 Newshound/Intel Guru Eagle1 I have received countless emails, text messages and phone calls today regarding some story…about us only having 30 days in which to exchange our IQD. The quick answer to this rumor is, NO! Let me state this as emphatically as possible so that there is no misunderstanding. To place that kind of time limit on exchanging our IQD/IQN for USD, or any other currency, under normal circumstances would be a general violation of international banking rules and regulations.
8-1-2013 Newshound/Intel Guru Eagle1 I don’t remember the specific time frame when the old Saddam notes were pulled out of circulation (and it may have been something like 30 or 60 days, or even 90 days), but that currency was specifically sanctioned by the US, by the UN, and by the IMF and forbidden to be used in international trade. Once De La Rue had printed up the new currency we now have in circulation and George Bush signed executive order #13303 permitting us the freedom to purchase and hold that currency toward the day when it would be restored to normal status, the stigma of the Saddam era was removed.
8-1-2013 Newshound/Intel Guru Eagle1 …we have discussed, the introduction of the lower denominated notes as well as the coins. Those are not “NEW” currency in the legal sense of the word. They are additional denominations of the IQD — the same IQD that has been in circulation as the “NEW” currency for a decade. That’s different from having a truly new and different currency, and despite some of the poorly translated articles out of Iraq, the CBI is NOT introducing new currency. They are adding additional lower denominated notes to their already existing currency.
8-1-2013 Newshound/Intel Guru Eagle1 That said, we’ve all heard about the effort by the CBI to gather in the three-zero notes as much as possible and exchange them for lower denominated notes. Again, that’s totally different from requiring people to do their exchanges from the IQD to the USD (or whatever other currency) within some narrow time frame such as the 30-days proposed in the erroneous post that has been floating around today. There are no requirements pending that would demand that we do our exchanges within a 30-day, 60-day or 90-day period — or even a two-year period.
8-2-2013 Intel/Newshound Guru Poppy3 I AM…FEELING VERY GOOD ABOUT ALL THE NEWS. JUST ALLOWING TIME TO TELL THE FACTS OF OUR SITUATION. [What are your thoughts if we don’t see this by the 15th?] …AT PRESENT THERE IS NO NEWS AT ALL THAT POINTS TO ANYTIME PAST THAT DATE. I EXPECT TO BE MANAGING THE MONEY BY THE 15TH. POPPY3
8-2-2013 Intel Guru TerryK WATCH A.M. FOR AN ANNOUNCEMENT…HIGH RATE. CONFIRMED THE 30 DAY DEAL BUT WE WILL GET A HIGHER RATE TO GET US ALL IN. THEY ARE GOING TO COME OUT WITH A NEW CURRENCY AFTER THE 30 DAY…OLD CURRENCY WILL BE WORTHLESS. YOU TURN IT IN WITHIN A GIVEN TIME FRAME. IF YOU HAVE AN APPOINTMENT THEY WILL EXCHANGE.
Guru Critic, I can’t put into words how full of crap and misinformed this nut job Terrence Keller is! I only post his crap so you can all witness with your own eyes how wrong he is and what a pumper he is! It makes all the other legitimate informers and Dinar speculators look terrible to everyone, don’t believe one word that comes out of this guys mouth! You should be ashamed of yourself Terry, shame on you.
8-2-2013 Intel Guru TerryK IF YOUR DON’T SEE IT TOMORROW [FRIDAY] YOU WILL SEE IT BY TUESDAY FOR SURE PERIOD. THE TEST LAST NIGHT PASSED. THE PINING TEST IN ALL NATIONS THAT’S ALL IT WAS. THEY ARE READY TO GO. THE WATER IS IN THE HOSE. THERE IS NOT STOPPING IT.
Guru Critic, here you go again with your bullcrap!! Shame on you Terry.
8-1-2013 Newshound/Intel Guru BGG “Where are we now?” This has got to be the question on a lot of people’s minds. Going back past the weekend before last (as early as Friday the 12th) there was an extraordinary amount of expectation in the Dinar community. While there may have been some basis in fact, it is my opinion the vastest majority of the “hysteria” last weekend was fueled by “circuitous rumors” – “camp fire stories” and unscrupulous…“pot-stirring”. Let’s look at some more of these rumors…
8-1-2013 Newshound/Intel Guru BGG Rumor: “Talabani will come back, sign-off on everything and RV will be announced over the weekend.” I’m not downing the timing of when this may or may not happen, but I can assure you – it is a virtual impossibility that Talabani is EVER a political force in Iraq again. He’s not as well as his party makes out. Spooky rumor…
8-1-2013 Newshound/Intel Guru BGG Rumor: “Dr. Mohammed Saleh said this won’t happen until 2014…(if then).” Firstly, he was never right when he was with the CBI. He always put out press reports that were almost always directly counter to what Dr Shabibi was saying. Secondly, he has no current standing – they JUST LET HIM OUT OF JAIL!! Then today he comes out with an article that nearly counters this statement from yesterday. He said the political unrest will basically act like CH 7 sanctions on Iraq. Essentially – a currency shift will quiet things down and move things along.
8-1-2013 Newshound/Intel Guru BGG Rumor: “WHY THE RATE SHOWED UP TEMPORARILY” It didn’t. Simple. Stick to the facts. There were no glitches, test rates, hitches, fuzzies or orbiting satellites falling – this will go when it goes. No questions asked. The “system” is in place and functions properly (the world currency trading depends on it) every day.
8-1-2013 Newshound Guru Kaperoni I always hoped that the economic push from the IMF, WB and others would force the issue despite Maliki. We shall see. IMO, just like when Shabibi was in charge of the CBI, the CBI cannot execute this event without the GOI support. Turki can cry all he wants, and threaten Maliki, it aint happening till Maliki says so. The reasons have been clearly stated that the CBI cannot do this on their own, it requires government assistance from planning, security, engineering, media etc. Without the green light from him, it stalls.
8-1-2013 Newshound Guru Enorrste Article: “Sales of dollar by the CBI decline on Tuesday auction.” …we should not expect to see an announcement until the process of removing the three zeros from the local economy is essentially complete. Then they will formalize the announcement and call in the remaining notes by demand (not incentive). After the notes are all in, then they will float the currency. They simply cannot RV the currency to $1 prior to removal of the large notes. The CBI doesn’t have $7 trillion to buy back the large notes.
8-1-2013 Newshound Guru Enorrste On the other hand, if they remove the large notes through auction at the current rate, then that problem disappears. They COULD then RV at $1, but they would have no incentive to do so. Instead, they’ve indicated, following direction from the IMF, incidentally, that freely floating their currency is the best way to change their exchange rate regime.
Guru Critic, I disagree, the more Dinar that is held by or retained by the CBI, the less that they have to “cover”. If the CBI retains 50% or more, it is a wash, for every Dinar that they have to cover, they have one that is worth the same, in essence they are raising the value of their Dinars too! If they get more then 50% of the dinars then they actually gain after “covering” what is left in circulation!
That is not to say that the Dinar will not float or that option is available.
8-1-2013 Newshound Guru Enorrste I do believe that it will rise quickly once allowed to float. It would not surprise me to see it at $1 by the beginning of 2014, but we have to see the start before we can speculate on a finish line. While we don’t know if Saleh is spouting future policy or just his own opinion, it seems to make sense to me to follow his lead: OLD dinars for dollars, then dollars for NEW dinars.
8-1-2013 Intel/Newshound Guru Poppy3 THE ONLY WAY HE [MALIKI] MAY POSSIBLY CONSIDER RESIGNING WOULD BE IF HE GOT COMPLETE IMMUNITY AND MY PERSONAL OPINION IS EVEN THEN HE WOULD NOT DO IT. HE THINKS HE IS UNTOUCHABLE AND HE HAS GOTTEN AWAY WITH MANIPULATING THE GOI AND PARLIAMENT LEADERS FOR SO LONG… I HOPE THEY CAN GET THE BACKING TO GET HIM OUT IN SOME WAY…AS LONG AS HE IS GONE… POPPY3
8-1-2013 Intel Guru TNT Tony Everyone was excited yesterday, depressed this a.m., & will be excited this afternoon. I have heard some depressing things and some up beat things about Iraq. It just came out from [Guru] Delta that Iraq has declared a state of emergency & that is correct. Don’t get depressed, it is part of the process to what you want to happen. There is something going on and they needed to do this to have everyone in place so that they can orderly do what we want them to do. I was just told it’s going to help get this done. More countries have gotten involved. I told you yesterday it was a political situation.
Guru Critic, the state of emergency was or security reasons, nothing else, it had nothing to do with monetary policy!!
8-1-2013 Intel Guru TNT Tony Something happened last night. They told the people in Iraq they would get an extra 300,000 dinar…in an article it said it would happen today on their cards. As of right now, the cards being loaded & activated. When they are done, we’re done. This is ready to go. The issue was and the agreement was that the people in Iraq would get it first. There are no technical issues, the system is connected, tried, tested & passed. As of today widows, orphans, retirees cards were activated at $3.44 and are still activating cards as we speak right now. We knew they were going in stages, that’s how they were loaded. Because they got the 300K, we got an increase in our rate so the rate a little higher than last week.
Guru Critic, I believe that the 300,000 dinar was issued for retirees, nothing more.
8-1-2013 Intel Guru TNT Tony If it doesn’t happen today, there will be a reset, so there will be a delay…days not weeks. Bankers today said they were expecting it last night at 3am & 5am. Two different banks said it went live at 5 am this morning. One bank said it was live for 10 minutes, the other said for 20 minutes, but then they shut it back down but the system does work. Why? Because they agreed to let their people go first. They are trying their best to get this completed today. The rate was $5.65 for the IQD when it was live & $0.97 for the Dong, but I’m not sure if that is the real rate. Here’s the good thing, anybody with contacts over there can check out, they are physically handing out LD’s today to speed this up. They are not waiting for folks to get it on their cards since their having problems with activating some cards.
8-1-2013 Intel Guru TNT Tony There is a newspaper article out which has been verified stating that they are giving them 10 days to do their exchange from the old currency to the new currency. They are going to now give us 30 days, 30 calender days. It was going to be a 2 year process – it’s now a 30 day process. Could it be extended? Yes, but as of this morning you have 30 days. There was an article that Turki put out from the CBI stating that they were ready, the system was ready and that the government not authorizing it and was asking the people to put pressure GOI to release it. We’re close to the tipping edge. It is powder keg about to explode. They are trying to do it today. Today is not over. There are things in motion and things are getting done today.<–WRONG!! Impossible!!
Guru Critic, If the Lower Denom’s are being passed out, then why is the media not covering it like they have on everything else? Where are the pics of the Lower Denom’s? If some of these Guru have “contacts”, “boots on the ground” as they claim to, can’t one of them get a few pictures of Iraqi’s that have received them or get some themselves and provide some proof? Just food for thought, I am told that it is another BS rumor.