Iraqi Dinar Guru opinions 4-13-18
Iraqi Dinar Guru opinions 4-13-18
4-13-2018 Intel Guru Bruce What I am getting is really amazing because where we are right now is interesting. We got people that are under gag orders. …we were looking for this to occur this week… it just didn’t happen yet. …We do know the ATM machines are loaded with and ready to go with the lower denominations, but it does no good to have them unless you have the new rate to be effective and be useful. We are waiting for those ATMs to be turned on. …We are looking at the possibility of getting started anytime I heard…Saturday till Monday possibly into Tuesday. I am not hearing anything beyond that personally… I feel we are at a great place in terms of everything having been done, everything ready for us.
4-13-2018 Newshound/Intel Guru BGG Article: “Maliki has $ 3 billion in his account in Central Bank” Quote: “A document circulating on social media indicates that the former Iraqi premier Nouri Al-Maliki has assets up to $ 3 billion.” Sounds like it’s about time to actually implement their “Where did you get this? Policy”…starting with Maliki. Which – BTW, doesn’t sound good for him if they are publishing news and articles about his ill-gotten gains and ties to foreign actors right before the elections – and in the middle of the GOI actively hunting around for funds. Not good at all (for him).
4-13-2018 Intel/Newshound Guru sandyf How do you enter the world currency market with a managed float? – Iraq has been on the world currency market for years. Some seem to think that forex revolves around trading currency pairs. It will be up to forex brokers if the IQD ever appears in low level trading.
4-13-2018 Newshound Guru Kaperoni We’re monitoring the IMF on a daily basis for any indication that the CBI plans on writing the letter to transition to Article VIII but we don’t expect anything until at least mid June.
4-12-2018 Newshound Guru Kaperoni You cannot take the auctions away until the CBI is in Article VIII… Once in Article VIII and the CBI is floating the dinar they will continue to make revenue via commissions…
4-12-2018 Newshound/Intel Guru Mnt Goat …Remember when the CBI and the GOI finance committee both told us that 2018 is the year of transition to the “new Iraq”. Then the CBI starts flashing the old $1 dinar notes from the mid 1940’s and in the same breath tells the currency will move to its former glory. …in mid 1940’s that value was stable at 1 dinar to $4.86 USD. What glory do you think the CBI meant? hint..hint…maybe of the mid 1940’s…Maybe this is the ultimate goal to which they want to reach?
4-12-2018 Intel/Newshound Guru tman23 …I think there is a plan for Iraq and to manipulate it’s currency to pay a portion of debt for setting them free…AND the original speculation remains the same…HOW WILL 3 ZERO NOTEs BE ACCOUNTED FOR AT TIME OF EXCHANGE…JUST BE SURE THEY WILL NEVER EVER NEVER FLOAT 3 ZERO NOTES…I’m leaning on a rdenomination and hope our 3 zeros get included in the accounting at exchange…
4-12-2018 Newshound/Intel Guru Mnt Goat …where do we stand now in this RV Saga? So now all the news is around the 2018-2020 Development and Reconstruction plans either directly or indirectly. We see House Speaker Jubouri still trying to get the needed laws passed in parliament. These are laws needed for the election process but most importantly some of them are the amendments to the Investment Laws. These laws are needed to assist potential investors coming into Iraq. We have recently heard that many investors are threatening to pull their support of the plan if these laws are not in place to protect them. Many of these laws also will support the 2018-2020 Development and Reconstruction plan, as so Iraq wants to “hit the ground running” post elections. …I have been told that this success of this plan is predicated on the reinstatement of their currency. When will this happen then?…
4-12-2018 Newshound/Intel Guru Mnt Goat …Iraq has told us they fully intend to go full speed ahead on the 2018-2020 Development and Reconstruction plan after the elections are over, so we can see they want to get these laws passed now since the elections are just 4+ weeks away. An economists also recently told us, based on his knowledge, that more than likely the CBI and GOI will hold off the “project to delete the zeros” (which we know leads to the reinstatement of the dinar) until after the elections. …my analysis tells me they intend to hold off on the reinstatement until AFTER the election cycle. This usually also means setting up the government. If Haider Abadi get back in (and he most likely will) this election process may not take too long and we might even see a late May early June RV timeframe coming up…I know now only after the fact, that the CBI did really intend to get the reinstatement completed prior to the election period…Now they intend to wait until after the election cycle.
4-12-2018 Intel Guru RayRen98 The rates continue to fluctuate, usually by pennies. Dong is still 47 cents… dinar = $3.67 to $3.71…Those are the rates that have been told to us, that bankers are seeing on the screen.