Iraqi Dinar Guru opinions 2-6-14
Iraqi Dinar Guru opinions 2-6-14
2-6-2014 Newshound Guru Tlar The CBI announced that the new dinar and the old dinar will both be circulating in Iraq for two years after the change. The CBI told us numerous times what will change is the nominal value which is defined as the exchange rate. The FC [Finance Committee] told us that they will delete the LEADING zeros. LEADING zeros are not found on the currency, they are only found on the exchange rate. The FC in three articles told us they wrote the 2014, and estimated the 2015 and 2016 budgets based on 1.16 dinars equal one US Dollar. Doing the math that’s 86 cents per each dinar or deleting the zeros. If this is truth then they can’t open the 2014 budget without changing the value of a dinar to 86 cents.
2-6-2014 Newshound Guru Tlar For instance, a budgeted program or project that is earmarked to get 1 million dinars at 1.16, value is earmarked to receive 860,000 USD equivalence in dinars. If the currency is still at 1166 per dollar, that project will still get the same1 million dinars, but the USD equivalency would be 860 dollars instead of the budgeted 860,000 USD. They can’t open the budget written at 1.16, if the currency is at 1166. The currency must match the budget. This why I’ve been saying for 2 months watch the budget. I think it is the key to our investment. If the budget is written at 1.16 as told to us by the guys who wrote the budget, I believe we will see an .86 dinar, or the budget cannot be opened when it is passed.
2-6-2014 Newshound Guru Millionday this morning they announced that the London stock market and the isx are hooked now… i see this as a pre-curser — they have to have the market out there in other words to create value and show dominance or at least confidence in Iraq…so this is of course one of the great steps — actually huge step.
2-6-2014 Intel Guru Freeway Bill The thought that thousands of people are now holding REAL MONEY from this RV is just not true. You honestly believe that Senators and Congressmen and the VIPs have cashed out their dinar, been paid and are double dipping by buying more dinar? Seriously? We have to deal with misinformation every single day. They had to do that when Kuwait and China revalued. They were told that corruption would keep their money from them too.
Guru Critic, I agree with Freeway Bill. I am personally sick and tired of this daily misinformation or just flat out lies reported as fact by some of these pumper guru’s, they are the ones that cause people and Congressmen to claim that it’s a scam, if anyone thinks they are going to exchange for $32+ dollars per dinar, thn they are ignorant and will be scammed.. You can take that to the bank as fact.
2-5-2014 Intel Guru Frank26 please notice this quote in the first paragraph of the SUPER article “thanks to the new monetary policy pursued by the central bank….” Do you notice the importance, IMO, of this statement? …it is saying that the CBI HAS changed their monetary policy!!! It states: “NEW monetary policy…pursued by the central bank.” This is past tense!!! They have already made changes!!! We are definitely in a WAIT mode for the change in the rate of the IQD.
2-5-2014 Intel/Newshound Guru Poppy3 MY RESPONSE TO OLD TD’S RETIREMENT AND SELLING HIS DINAR—- …AS FAR AS I AM CONCERNED NOT ONE THING HAS CHANGED EXCEPT WE ARE CLOSER TO WHAT I ORIGINALLY THOUGHT WOULD HAPPEN THAN WE WERE WHEN I BOUGHT MY FIRST MILLION. ME AND ALL MY RICH FRIENDS WILL BE CELEBRATING AND EATING BBQ IN SHORT TIME.
2-5-2014 Intel Guru Stage2Omega IF ALL GOES AS PLANNED THE GENERAL PUBLIC SHOULD EXCHANGE WITHIN THE NEXT 24-48 HOURS AND THIS IS TIED DIRECTLY TO IRAQ GOING INTERNATIONAL & IT IS NOT TIED TO THE PRIVATE PLACEMENT CONTRACT & AGREEMENT OF THE UNITED STATES WITH THE IRAQI DINAR CURRENCY.
2-5-2014 PUMPER Guru TNT Tony Rates of 3.77 are showing on the executive forex boards. We have four confirmations that they are live and just a matter of time before they come out. Why are they showing up there and why lower than what we heard they were going to be? The answer is because the administration isn’t doing it. That is something Iraq is doing on their own. If Iraq pushes out their rate internationally, we will be able to exchange at that rate but we will not get the contract rates. So, we would prefer for this to be released in the US now. [Have you gotten any rates on the dong?] Yes, as of the a.m. $.71. I am looking for this to happen this week, the question is, is our country gonna do the right thing with the contract rate to us.
Guru Critic, It is getting way beyond ridiculous with this guy Tony. First it’s a rate of $25, then $28, then $32, then $35, then $36, then $38, then back down to $32, then back to $25, then $3.44, then peeps exchanged at $1.85, then church members exchanged for $.32 cents, and now it’s $3.77, it goes on and on and just wont stop. Is there really anyone in dinarland that believes one word from this guy? If there are then you are being played by this guy. Remember this, the only thing that seems to work on his site is HIS DONATE button, and he gives a page or two with explicit instructions on how to donate to HIM. Anyone that is donating to this pumper is an idiot, plain and simple. Sorry if I offend anyone by this statement, but remember, “the truth hurts”, and that is the truth.
There is not one shred of proof that ANY rates are showing on “executive Forex boards”, even if there was, it means nothing, they can enter any fictitious rates they want to. The Obama administration has NEVER been involved with this, neither is the UST, that should be perfectly evident by now to everyone. It has ALWAYS been in Iraq’s hands, not Christine Lagarde’s, NOT the IMF, or any other three letter agency, it has become like “secret squirrel” stuff with this pumper, give it a break Tony.
I have searched high and low for anything that pertains to a “contract rate”, there is NOTHING, but here is one possible scenario, just from sheer extrapolation. If there is a “contract rate”, then you must be entering into a “contract” with someone or some company, I surmise that it would go something like this: You sign this contact at a given rate and give them your dinars to hold, then if in a specified time period there is an RV at that rate then they release your funds, if not, after the specified time, we exchange YOUR dinar at the CBI rate, problem solved as far as “removing” the dinar from circulation at ZERO cost. Read the fine print and understand what you are signing BEFORE you sign anything with some joker. When this RV’s, we all should be able to go to our local banks that we trust to exchange, or a dealer we trust, don’t get tricked by these type of people. One more thing, I would “cash out” at .32 cents in a heartbeat!! That would be a fantastic return on this speculation!
There is NO rate change on the VND either, it’s all bogus, made up “misinformation”.
2-5-2014 Intel Guru Frank26 [Do you think the holiday this Sunday in Kurdistan, could this be the 3 day weekend S has been looking for?] Yes, But IMO they would not talk with this FREEDOM If all systems were NOT ready. Let just say it is a fantastic opportunity to take advantage of. [Do you know if Delta has heard any more from his contacts at the CBI and the Ministry of Finance? I know his guy had mentioned September last year…] Yes he does. Indeed they were anticipating last year but their excitement about NOW is more evident.
2-5-2014 Intel Guru Frank26 [I noticed that the CBI auctions have gone down in the last week and the amount of participating banks have dropped. I don’t know if this is of any great significance?] It’s hard to tell because they are constantly working on the CBI website especially the official side…Arabic. So is there any significance? IMO…..yes. But, I will be esctatic when they drop the auctions.