Iraqi Dinar Guru opinions 8-4-19
Iraqi Dinar Guru opinions 8-4-19
8-4-2019 Newshound Guru Adam Montana … now is probably a good time to throw out a couple friendly Public Service Announcements… my friends, be SAFE and SMART when this happens! 1. Don’t hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there’s almost 0 chance you’ll get the “best” rate there.) 2. NOBODY IS CASHING IN EARLY! 3. You WILL pay taxes… or face the consequences. [check with your tax professional at the proper time] 4. The initial rate *may* be the best we will get… or it may be wise to hold out for a subsequent raise. …be sure to keep a cool head when this goes down.
8-4-2019 Newshound/Intel Guru RVAlready …my bank is not open on weekends. I suspect rates may change on Sunday, but first appointments may not happen until Monday morning.
8-4-2019 Newshound Guru MilitiaMan Article: “Economy of Iraq .. and Abdul Mahdi” Quote: “It seems that Mr. Adel Abdul Mahdi’s plan is to pump money into the market and increase the purchasing power of the individual…” The wealth distribution mentioned in this article is off the charts if the case in point is credible. It is suggesting they are to be (or are now) pumping money into the markets to increase purchasing power. Well pumping money into the markets if at a program rate would not be increasing value. In fact that would be the exact opposite, as it would be dilution of the money supply, having a negative effect on value. Thus, where we are at this stage would suggest they are pumping the new small category notes in to the market to add value or at least to the banks, as we have learned from Frank [Guru Frank26] that the new ATM machines will have new software to handle the new small category notes, gold, coins, even other currencies to do just that. That is to add value!
8-3-2019 Newshound/Intel Guru Dinar Investor – Jeff What’s taking so long…why are we waiting? Since the beginning of the year I said we are waiting on the formation of the government…that’s because the Central Bank directly has told us that they delayed this entire thing because Iraq must have political stability…Now you see at the beginning of July they shifted gears and started going after corruption…so we are waiting for the corruption to be cleaned up and there’s a lot of current government proxy positions that end at the end of September…we are waiting for those to be removed as well.
8-3-2019 Newshound/Intel Guru Dinar Investor – Jeff We learned that Iraq is under Art. VIII guidelines. They are not Article VIII. Iraq cannot become Art. VIII until they change the value or rate of their currency and make their currency internationally recognized…that’s what they are waiting on to become Article VIII. They are only under Article VIII guidelines and policies. …They have told us at the beginning of this year that the HCL and Article 140 contained monies inside the 2019 budget…that’s fact…and recently released another article telling you…
8-3-2019 Newshound/Intel Guru Dinar Investor – Jeff We have seen more articles…since the beginning of July putting emphasis on both Article 140 and the HCL. This is huge. Both of these items have to do with post rate change…both of these steps cannot take place physically until after the rate has changed meaning they can only happen at the very end…they are literally waiting on the rate change. …We are looking amazing…we have to let this play out…IMO. The end of September is my personal window for this and you can see the facts are walking you into that period.
8-3-2019 Newshound Guru Kaperoni MCP or multiple currency practice is deceiving in its words. It has to do with the price of goods. And in this case with Iraq, its about maintaining an exchange rate between the Official Rate and Market Rate that does not deviate by more than 2%…It has nothing to do with using one currency. Both the dollar and dinar will be in Iraq forever due to sale of oil.
8-3-2019 Newshound Guru Breitling Question “There appears there will be a new governor of the CBI. Is that good, bad or indifferent?” It is indifferent. Remember it is parliament. Parliament has the Ministry of Planning and then they have the Minister of Finance and then…the CBI manages it…The governor of Iraq [CBI?} doesn’t have their own agenda…they’re managers…They’re independent but they’re managers and they’re given orders and that’s it. It’s indifferent. The agenda came from parliament. Went to the Ministry of Planning and went to the Ministry of Finance and then goes up to the CBI. So that hasn’t changed. People don’t realize with the different factions they have in Iraq they all agreed they want to change the value of their currency…none of that has ever changed.
8-3-2019 Intel Guru Frank26 I am encouraged about what the Central Bank and the GOI is doing to let everybody know that they are article VIII…that they are of international standards…it’s a massive campaign…and now the commercials and the billboards are all over the place…The Central Bank of Iraq, The Trade Bank and the Government of Iraq are telling the people get in there [banks] and they’re using the tactic of loans to open accounts. That will become extremely important in the reinstatement of the Iraqi dinar..