Iraqi Dinar Guru opinions 12-26-19
Iraqi Dinar Guru opinions 12-26-19
12-26-2019 Intel/Newshound Guru Delta …This is coming from the CBI…they said they can not change the value at any time…there is a legal and international policy they can change the rate only the first of the fiscal year. That’s January 1st. That’s why they could not do it July, August or September. We were wrong unfortunately…we thought they could do it at any time. That’s wrong. They can not do it at any time…we are in a very good position right now…they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen…These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. …I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week.
12-26-2019 Intel Guru Bruce …The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all – Now we have front screen rates in green – so we have the green light so to speak on the front screen… Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges…what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th…But if we don’t…start our exchanging by Friday then we are looking to Monday-Tuesday start…I hate the term “Back walls” …but this is from a very, very strong authority…
12-25-2019 Newshound/Intel Guru Mnt Goat What I am still hearing is that our window of now until mid-January is still wide open. It could literally happen at any moment during this period. The demonstrators have a huge impact and will force this out. No, Iraq does not need a robust economy or a market economy to allow the reinstatement of the dinar. Like I keep telling everyone, there is a difference between VALUE and the RATE of a currency. We know for a FACT that the Iraq dinar has the value it needs already way beyond its current rate. The rate is being held back intentionally due to corruption.
12-25-2019 Intel/Newshound Guru Frank 26 …I believe in my heart and my opinion that the rate and the budget come out together…
12-25-2019 Newshound Guru Adam Montana […you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is “float or fixed”, and I’m leaning heavily towards “float”. This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I’m convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there’s a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it’s a float..
12-25-2019 Intel/Newshound Guru Delta …the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only…30K doesn’t make sense…30K at this rate isn’t even $25. That doesn’t make sense…which is more confirmation of what’s in our opinion what you’re waiting for with the dinars..