Iraqi Dinar Guru opinions 12-31-17
Iraqi Dinar Guru opinions 12-31-17
12-31-2017 Intel Guru Rayon98 I tried to get solid confirmation that lower denom’s are being dispensed from the ATM’s. We see the ATM’s are active. Some sources say they are dispensing US dollars and not lower denom’s. So, they are trying to ascertain which ones or if both are being dispensed through the ATM’s that are set up…Things have been real quiet over there. It’s possible, it’s the quiet before the storm, if you will…I think we should see some realization of what we are looking forward to, with the expectation that Jan 2nd you should be in a position of going to the bank if you want to exchange or not…
12-31-2017 Newshound Guru BGG There is a lot of news about this major private bank offering major ATM services. This is very interesting. There are lots of people talking about that there are lower denominations, this that and the other thing. We don’t know that. We have no facts to back that up. We have no proof. We’d like to see some proof. I know it as fact that there was an article that kind of alluded to lower denoms but it’s not like that…they talked about the 500 notes and the 1000 notes. I have no idea why they would do that it they didn’t have a value associated with that but they did talk about it and it is in an article…so that is the extent of lower denominations…there is no shred of proof that those ATMs are loaded with lower denoms. When there is proof we will post it but right now there is no proof.
12-31-2017 Newshound Guru Kaperoni Article: “Association of private banks: 3 million Iraqis will create a bank account during the next two Amyin” This article is a great reminder of the facts… There is 34 trillion dinar outside the banks in mattresses that must begin to be drawn in through deposits before anything can happen. And the article is clear, they expect 3 million Iraqi’s to open accounts over the next two years. There is no overnight RV (not even a dime), a float or gradual appreciation is the only realistic option which has also been stated numerous times in the IMF reports.
12-30-2017 Newshound Guru Mnt Goat The ATM machines are NOT now dispensing any currency. They are live but dormant. The Rafidian bank did a ceremonial ribbon cutting on their part the other day. The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs. These are the notes being deleted and the banks do not want to infuse more of them back into circulation. So that leaves only the newer lower category notes. Right? And we know what must happen when they launch these notes. Right?
12-30-2017 Newshound Guru Mnt Goat …So what happens when the dinar rate does change to something very substantial, like a 1:1? The banks will launch the lower categories by loading them in the ATMs such as some or all of the 1,5,10,25,100 notes. This will be done as needed to meet the demand. However, having said all this, I have to tell you we have known the ATMs were an integral part of the plan of the “project to delete the zeros” all along. We have known this since 2011, if you paid attention to the news back then from the CBI and the Finance Ministry. Yes, we have been waiting now for over 6 years for these ATM machines. Now that the ATMs are “launched” (meaning online) when will they load the new notes?
12-30-2017 Newshound Guru Kaperoni Article: “The damaged cash currency is a problem for the Iraqi citizen“. It appears Iraq is getting to a point of damaged currency again. They either have to reprint replacements or begin the transition to delete zeros.. I am hopeful the later is coming. I think we in a good position. Reprinting and using the same notes does nothing to encourage investment or facilitate the banking system.
12-30-2017 Intel/Newshound Guru Frank26 IMO…ATMS ARE TEACHING THE CITIZENS…BUT WISH TO SAY ALSO IMO THAT TIME IS RUNNING OUT. MO…ATMS IN IRAQ WILL HAVE A PERSON ASSIGNED TO THEM 24/7 FOR A TIME PERIOD TO ACT AS A TEACHER. IMO…POST RI…CITIZENS THAT LACKED BEHIND WILL BE GUIDED AND ESCORTED BY THESE CBI OFFICIALS TO AID IN ALL ATM TRANSACTIONS. IN OTHER WORDS TEACHING WILL CONTINUE POST RI…CAUSE THEY ARE SPEEDING THINGS UP…FASTER. YES. I WISH TO SHARE MUCH…MORE. BECAUSE IMO …………IT’S ALL DELICIOUS…