Iraqi Dinar Guru opinions 9-28-18
Iraqi Dinar Guru opinions 9-28-18
9-28-2018 Intel Guru Frank26 “…something happened with the BIS family. And…With the WTO…The World Trade Organization. And the Bank of International Settlements. Now if you don’t know, the BIS is the Mother of all Central Banks on this planet Earth. And the Central Bank of Iraq, is one of them. And you know…that Central Bank is trying to what? Monetary Reform. Redenominate. Reinstate. Revalue. …And something happened with them? …Remember I told you…that there’s a date…for the lifting of the 3 zeros to add value to the currency…I don’t know it…But in my opinion, there is a date. Well, if something happened with the BIS, and CBI, it seems to be it’s because that date is very close.
9-28-2018 Intel Guru Frank26 Okay, something happened with the BIS. Something happened with the WTO. Something happened with the CBI. Did you notice all of the sudden a few days ago, the CBI comes out and they says “…We’re just going to push the American Dollar away. We don’t want the American Dollar….we’re removing it.” …we’re gonna …start…paying our citizens…salary, electronically…and only with the Iraqi Dinar.” “And also, we’re doing some other things with only the Iraqi dinar.” …We don’t want to use the American Dollar. We’re removing it. Now do you understand what that is? With the MCPs the auctions? Well, you should be jumping for joy! A relationship between the American Dollar and the IQD will develop and, but it will be in a basket. It won’t be in an auction of the CBI. The auctions are in wonderful position, right now, at this moment, for a reinstatement of the Iraqi dinar.
9-28-2018 Newshound Guru MilitiaMan Article: “Project Finance” Quote: “The need to adopt effective economic plans is essential in all economies of the world in light of the rapid competition in the international labor market, which is increasing over time, in order to maintain presence within the target markets.” …1 high tech job in Iraq may need 10 jobs in support. …this is now telling the world that the mound they are about to build is going to need people, qualified people and in a big way. Again, that meeting in Amman (imo) was a meeting on conclusion of where Iraq was and apparently gave the green light to get the show on the road, funding. Needing to have employees qualified for the reconstruction was imo green lighted.. The money has to be their in advance. My view it is and will be with no issues, and with an appropriate rate for international banking systems with the latest technologies and with the highest regulations and transparencies that meet the same.. The best of the best, are there now and more will follow.. imo!
9-27-2018 Newshound/Intel Guru Mnt Goat The CBI has just recently…told us that they fully intend to infuse yet even more of the 20, 500 and 1,000 notes into circulation. Why would they do this? They are doing this since these notes are now the most widely used notes in Iraq. They are even going after the worn-out notes and replacing them. They do not even mention the larger 3 zero notes anymore. But we know they are still there. We know that the CBI told us these older 3 zero notes will coincide with the smaller category notes for at least 10 years.
9-27-2018 Newshound/Intel Guru Mnt Goat Are there still the larger 3 zero notes in circulation? Yes of course…only 2/3 were taken out of circulation and so 1/3 still remain. Don’t forget also we hold some of this remaining 1/3. The CBI wants to retrieve these too. There are even some of the ATMs in Iraq that are still dispersing them. But this is short lived not the norm or the trend the CBI wants to push the monetary policy towards. These ATMs are only temporary and will change over as more of the smaller categories are dispersed by the CBI in the coming weeks and months. We know that the denominations the CBI still has to yet disperse are the 5, 10, 25, 50, 100 notes and coins…the 100 dinar denomination is probably the most likely note to be issued next.
9-27-2018 Newshound/Intel Guru Mnt Goat …Many keep asking me – Will this RV ever occur? …it will soon and is actually underway. …We know (since they CBI itself has told us) that the reinstatement will be at a much higher rate and the currency will be re-pegged off the sole de facto peg to the US Dollars to an “SDR basket” of five currencies, one of which will be the US Dollar. We know (since the CBI itself has told us) that they want to move the Iraqi dinar back to its “glory days”…the 1930’s and 1940’s.. We can then look up the past rate of this period and see it was steady at around $4.86 USD per 1 dinar. This leads me then to believe that this is around the stabilizing, normalized rate that the CBI intends to have dinar someday soon.
9-27-2018 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament: there are 31 candidates for the presidency of the republic, but only 7 meet the conditions. In Iraqi election news, Iraqi Parliament will go forward with 7 of the original 31 candidates for president. Most of the remainder do not have the necessary qualifications.
9-27-2018 Intel Guru Frank26 The Central Bank of Iraq, in conjunction with the Government of Iraq, is in the process of going through what is called a “Monetary Reform.” Now that’s an “MR.” Okay? Now within the MR, consist, some other initials. Three of them in fact. The next one is what’s called the RD, and they’re already done with that. That’s called the redenomination. You know instead of a…a…a…a, $100 dollar bill in your pocket? How about if you had 5 $20 dollar bills in your pocket? Well, you redenominated that $100 bill into 5 $20 dollar bills. In other words, they want to get rid of the 3 zero notes and bring in the small notes; that’s the redenomination process.
9-27-2018 Intel Guru Frank26 And as far as I’m concerned, they are well past that as well too. Not only in the education to the citizens, but also in printing it. …You saw millions and millions that they spent in printing new currency. …They even told you which category… Very clearly. And we established the difference in the lower denoms, which have a space, a Specimen stamp on the new ones that are leaving the borders of Iraq! And where are they going? Oh yes! To all the other Central Banks in Iraq! [IMO] The Iraqi currency by the Central Bank of Iraq and many world entities along and in conjunction with the government of Iraq, are going through are… are going through a Monetary Reform, “MR.”
9-27-2018 Intel Guru Frank26 Inside the Monetary Reform is a re-denomination. Which I believe is also well established. …After that comes, the third thing. Actually the third and fourth are in combination, and that might be what would cause some trouble. It is the re-instatement and the revaluazation, of the Iraqi Dinar. …so in conjunction is the RI, the reinstatement, and the revaluazation, because once you reinstate the currency, it’s in position, either at that moment to revalue, or, it’s in position to revalue very shortly afterwards. How is it revalued? By the lifting of the 3 zeros of the exchange rate. Yeah. There is the Monetary Reform that is introducing a redenomination and that…will bring forth a reinstatement and a revaluazation. The RI, the RV can occur in conjunction, instantly together, or they can occur once and then the other one. But, it would be a Reinstatement first, that would then bring forth an RV.
9-27-2018 Newshound Guru Adam Montana [The Kurds should give up on the Iraqi presidency altogether or at least reach an advance agreement on the post to avoid further disagreements and complications.] This should all be coming to a head soon, with the end result paving the way for HCL.