Iraqi Dinar Guru opinions 1-21-14 (Updated 2 pm)
Iraqi Dinar Guru opinions 1-21-14 (Updated 2 pm)
1-21-2014 SUPER PUMPER RECANT, Guru TerryK FIRST, OF ALL THERE IS NO 800 NUMBERS. TWO, THE SO CALLED CONTRACT RATE IS MADE UP. IF SOMETHING WERE TO CHANGE … I WILL GET A CALL FROM SOMEONE WHO DOES BANKING WITH CBI DIRECTLY.
Guru Critic, Did the truth finally slap you upside your head? It’s about time Terrence Keller.
1-21-2014 NO NAME SUPER PUMPER I’m hearing some things are going on, some things are positive but I don’t have proof yet…hearing from lots of folks things are in motion. There are meetings going on now and some good folks in the system are fighting for you right now. We need to give them that time to fix it. I heard from Iraq this morning and yesterday all provinces have cards loaded, and lower denoms were delivered to the banks & passed out. Also got a call yesterday from a friend in Saudi Arabia and the rate was $3.71. They can exchange but we cant yet. We are hearing something…is it 100% what we want? No. We do expect something, we don’t expect $3, the word is we are past that. If something happens we’ll come back later.
Guru Critic, #1, Tony will NEVER PRODUCE ANY KIND OF “TRUTH”, that’s a fact, he wouldn’t know the truth if it bit him right in the arse!! #2, There are NO LOWER DENOMS as they would do NO GOOD except that Iraqi citizens would have to carry a suitcase full of Iraqi dinar to buy a darn loaf of bread, until there is an increase in the exchange rate there is no need or use for lower denoms, as a matter of fact they need larger denoms for everyday transactions, read the news, not the pumper guru’s wishful dreaming. #3, Check the rate yourself in Saudi Arabia, there is no rate showing anything but the same CBI rate, again, no one is exchanging at that rate nor have they, this is a fact. #4, As I have said for months and months, these pumpers will be forced to “back track” and make up some kind of excuse as to why we will never see the rates they have been reporting, no one will, not even the “elite/whales” never happened and never will. WE WILL SCORE BIG TIME IF WE EVEN GET ONE DOLLAR, QUIT BEING GREEDY AND BE HAPPY!!
1-21-2014 Newshound Guru Kaperoni Article: “Specialists are advised to apply the deletion of zeros instead of issuing currency large classes” Iraq cannot set a rate for their currency. Under the new monetary agreements and conditions set forth with the UN they follow the IMF and WB guidelines like most countries. Those conditions use fundamental monetary policies. Iraq’s goal is to make the dinar a world currency and hard currency someday. That cannot happen with a “par” or “predetermined set rate”. Exchange rates under the IMF are now being set by “supply and demand.” Iraq must float it’s currency and let the world decide.
1-21-2014 Intel Guru Dinar Wishes Truth is…this is a real thing. Truth is…NOBODY knows when this will all be over. TRUTH IS…nobody should expect any rate over what it was when it was devalued. Logically what on heavens name could make anyone think that the currencies in question could possibly be many times more than the USD? Not gonna happen. 3.47 times more…. sure no problem…4 maybe 5… I could see that for a couple reasons…but 32.00 – 26.00? NOT GONNA HAPPEN. Someone sees a back screen with a placement/hidden rate and they think that is it. I have seen 52.00 once as a holder. It’s not the rate.
1-21-2014 Intel/Newshound Guru Poppy3 HERE IS THE LATEST I HAVE HEARD DIRECT FROM BAGHDAD. MUCH DISRUPTION WITHIN ALL PARTIES AND THE DIVISION IS WIDE SPREAD AT THIS TIME. THE BEST PART OF THE NEWS AT THIS POINT IS THEY HAVE SCHEDULED MEETINGS TO TRY AND SOLVE THE DIFFERENCES. THEY HAVE SEVERAL DIFFERENCES THAT WORD ON THE STREET SAYS THIS WILL TAKE MORE TIME THAN ANY OF US HAVE EXPECTED. THERE ARE SUPPOSEDLY 8 ISSUES BESIDES JUST THE OIL ISSUES BUT I WAS TOLD IF THEY CAN GET PASSED THE OIL TRADE ISSUES AND THE % THAT IS BEING PAID FOR THE OIL THEN MOST OF ALL THE OTHER ISSUES CAN BE SOLVED VERY QUICK BUT THOSE TWO HURDLES ARE THE BIG ONES.
1-21-2014 Intel/Newshound Guru Poppy3 THEY STATED THE BUDGET, EVEN THOUGH THEY HAVE STATED MANY MANY TIMES, HAS BEEN AGREED TO…WILL NEVER BE PASSED TILL AGREEMENTS WITH KURDS HAS BEEN SETTLED. THIS ISN’T THE BEST NEWS BUT IT ISN’T BAD EITHER. THEY KNOW WHAT HAS TO HAPPEN AND THEY ARE LIGITMATELY PUSHING TO MAKE IT HAPPEN. TIME WILL TAKE CARE OF THE PROBLEM.
1-21-2014 Newshound Guru Med MY THOUGHTS ON THE DINAR: TO ME THIS IS GONNA SNEAK UP ON US AND HIT US WHEN WE LEAST EXPECT. NOW WILL THEY MOVE TO A TRADEABLE IMMEDIATELY? I AM NOT SURE. I WOULD REALLY LIKE TO SEE IRAQ MOVE INTO ARTICLE VIII WITH THE IMF. THIS WOULD BE A BIG STEP IN SHOWING HOW SERIOUS THEY ARE ABOUT INTERNATIONAL CURRENCY AND TRADE.
1-20-2014 Newshound Guru Millionday the changes in the country and outside are totally different — let me explain – in country when they remove the three zeros they are referring to what they call the currency…when the forced change was made they referred to the new larger denominations the “three zero currency” and they are removing them with also removing the three zeros from the prices as well…as we know this is a huge event because this goes to all debts and rents within the country. [so the 10,000 note becomes 10 in-country?] the prices in country will also become 10 dinar and the pay will become 10 dinar etc and then…
1-20-2014 Newshound Guru Millionday outside the country — the exchange rate changes create a huge effect— the US of A due to the executive order have the large denomination currency as well — so as international law and macro economics show us — each country has to respect the face value of the currency they have issued /sold etc—- and that will remain what it says – however they are able to apply regulations and time constraints… the cash in we are waiting for IMO will have time constraints.
1-20-2014 PUMPER [via a patsy] Starting December 1, many politicians and connected people exchanged. It was just supposed to be for a day or two before it was announced to us. Most of them are appalled that this has happened, but now they are part of it. Then all their friends got involved, and the administration let 50,000 people cash out. They let it drag on, then a few weeks ago someone said that to bring the next tier “as a test”. That was supposed to be a thousand people, not 50,000. The international agencies encouraged the banks to give it to the ordinary people. They said, “Okay, we get it, and we will…” but it keeps on cashing out the wealthy while holding off the official revaluation…which is affecting the entire world and especially Iraq.
Guru Critic, NO ONE HAS EXCHANGED at any rate other than the CBI rate as stated on their website, that is fact. I am dismayed that they keep shoveling this crap as truth.
1-20-2014 PUMPER The $3 rate is a slap in the face to all of us who have been waiting, especially when your friends have cashed out at $32. I know we have been concentrating on this incredible injustice…It’s just too wrong on every level. On the more positive side… Once this gets moving, it’s going to be incredible. This will have a tremendous effect on the economy – it’s breathtakingly amazing in terms of how unemployment will go down, and the economy will go up. It’s all ready to go at any minute…everything’s been taken care of. All they have to do is let it go. There are no problems, it is just sitting, and this for all currencies, not just dinar. It’s my understand that all the currencies will go together, so let this thing go!
Guru Critic, $3 is NOT “A SLAP IN THE FACE!!” We should all be very grateful to receive that rate, because NO ONE has received $32 dollars. Not even one of these pumpers can provide even one shred of proof/evidence or documentation to back up that claim. Do they really think that people should just take their word for it? I don’t trust any of these “pumper guru” claims. SHOW US ALL THE PROOF before you state it as fact.
1-20-2014 Intel Guru Delta Article: “CENTRAL BANK OF SULAIMANIA STILL AWAITS BUDGET.” …ONE HUGE ARTICLE. THE CBI HAS 3 LOCATIONS, ONE OF THEM IS IN SULAIMANIA NORTHERN IRAQ. THIS HUGE BANK IS STATING THAT THEY HAVE NO MONEY. PEOPLE ARE GOING TO PULL SOME MONEY IN IQD, BUT THE BANK IS STATING WE HAVE NO CASH TO GIVE YOU. IS THAT POSSIBLE? I DO LIKE THIS ARTICLE CUZ IT GIVES US ANOTHER PROVE THAT THE CBI GOT ALL THE DINARS FROM BANKS, EVEN FROM THEIR OWN BRANCH IN NORTHERN IRAQ. IMO…THE LD’S ON THE WAY WITH A NEW RATE.
1-20-2014 Newshound/Intel Guru BGG [until they do something with maliki we are in a wait mode, this could go to april or longer if maliki gets reelected] there is talk the Maliki gov’t needs currency reform to have any chance at reelection.
1-20-2014 Intel Guru Jester SOME PEOPLE ARE STATING TO WATCH FOR THE RESET IN THE NEWS… AND FINDING IT TOO…. I READ THE USA TODAY ARTICLE A COUPLE DAYS AGO … I THINK PEOPLE ARE FINALLY STARTING TO SEE WHAT WE HAVE KNOWN FOR SOME TIME… IT IS ONLY A MATTER OF TIME…THEY WILL GET IT DONE WHEN THE TIME IS RIGHT… FOR THEM… FOR THE SYSTEM…AND THAT WILL BE GOOD ENOUGH FOR US.
1-20-2014 SUPER PUMPER [via a patsy] I now for a fact, from bank people, that they were still paying out people out on Saturday, but they are not paying YOU. Up until 1 December there was nothing we could do about that. But since then the bankers have paid out all those people, and we could get paid and we haven’t been paid. They are going to do it eventually, so why should we continue to suffer while they cash out all their friends. Someone has to do something about this, but all they are doing is having the meetings about the meetings about the meetings. If you know what you are going to do anyway, why not do it now? Or a month ago?
1-20-2014 SUPER PUMPER We got a message from Iraq yesterday: throughout the country, all the people have money on their cards. But they still want to stand up and say our money is international. They are upset about this, and other countries are as well. It’s not even our government holding this back now, they have released it to the banks, and now THEY are holding it up. The BIS and IMF have highly recommended that something be done by tomorrow, as I understand it.
Guru Critic, I will state this again, NO ONE has been “paid”. There is not a bank on the planet that would “cash people out” at some absurd rate when they have NO guarantee that Iraq will officially RV their currency for at least the amount that the banks paid out. The banks are not that stupid. A recent article quote: (posted here), “EU will present to Iraq nearly 75 million euros to support development in Iraq for the period between 2014 to 2020″. Why would Iraq even need this money if they are going to be the wealthiest country in the world? It makes no sense what-so-ever. As for the “cards”, they are ration cards, for food, kind of like our “welfare system”. These are not “free cash cards”, they can’t even agree on what amount to give to their citizens out of each barrel of oil, nor can they afford it in this years budget. This is the bottom line, the CBI is in charge of their monetary policies and maintaining the exchange rate of the Iraqi dinar, no government entity can force them to raise the value of their currencies. Now they are talking again about printing even larger Iraqi dinar notes in the 50 thousand and 100 thousand denominations to help facilitate purchases. It remains to be seen whether or not they will actually do that or to proceed with the deletion of the 3 zeros, fact is no one knows until they do it or not. Try to keep a positive attitude and be patient. Hope everyone has a great day.