Iraqi Dinar Guru opinions 3-8-20
Iraqi Dinar Guru opinions 3-8-20
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: “Mansour Express Exchange and Remittance System” A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of “Calculations”, of Accounting Values, with International Standards…suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would.
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan …with the CBI telling banks to stop using cash because of the Corona Virus, they’ll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it’s ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo…the Perfect Storm is Upon us..ioo…
3-8-2020 Newshound Guru Breitling …I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25…There’s no way to know. That’s why I suggest that it’s very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates…we’re speculating on a real opportunity..
3-7-2020 Intel Guru OkieOilMan …I AM LED TO BELIEVE NOW THAT THE R.V. HAS STARTED FOR SOME DIFFERENT GROUP’S AND PRIVATE INDIVIDUALS WHO HAD BEEN ON TOP OF THE LADDER SINCE THE BEGINNING OF THE PROGRAM…I HAVE BEEN INFORMED THAT THE FIRST FEW DAY’S OF THIS COMING WEEK WILL FINALLY GIVE US THE RELIEF WE ALL HAVE BEEN NEEDING FOR SO LONG. BE SURE YOUR PREPARATION WORK IS COMPLETED AND PREPARE TO BE INFORMED (FROM NUMEROUS SOURCES) OF YOUR OPPORTUNITY TO MAKE AN APPOINTMENT FOR YOUR EXCHANGE OR REDEMPTION…THERE ARE NO STOPPING THE R.V. AT THIS PRESENT TIME . PRAY ALL KEEPS GOING AS TO WHAT IS SCHEDULED IN A VERY FEW DAYS. RELAX TOMORROW AND BE PREPARED FOR THE WEEK WE HAVE ALL WAITED FOR——-SHALOAM
3-7-2020 Newshound Guru Kaperoni There’s absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as “chunky.” There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency… …guru Brietling thinks the CBI is reducing the note count.
3-7-2020 Newshound Guru Kaperoni …First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar…Secondly, it’s a known fact that over 70% of the currency in Iraq is “chunky.” Meaning it’s outside the banking system in homes of citizens, Etc… As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one…at any time to discuss monetary policy with me…
3-7-2020 Newshound Guru Breitling …I’ve been getting emails and I’m not gonna name the guy out there that’s putting this information out…here’s the math. He’s talking about that there’s too much currency out there for it to revalue so it’s impossible… if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we’ve been watching. So that is the dumbest statement I’ve ever heard people say is that there is too much currency out there. Their plan was and they’ve specifically said they are going to reduce the money supply. And that’s where we find our value…
3-7-2020 Newshound Guru Breitling …everyone thinks it’s at a market rate and somehow they’re gonna add or subtract wealth to it. It doesn’t work that way. No currency works like that. They’re either taking currency out of the market or they add to devalue the currency…They’ve been reducing the note count and they’re gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years…they’ll have a process where they’re getting rid of the denominations that you and I have. It will be a two year process.
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.