Iraqi Dinar Guru opinions 12-14-2020

Iraqi Dinar Guru opinions 12-14-2020

Iraqi Dinar Guru opinions-predictions12-14-2020 Newshound/Intel Guru Mnt Goat …the CBI will NOT deviate from the process. This is the process as outlined by Dr. Shabibi in 2011…The only variable is what happens if they do find inflation is taking off in Iraq. This may delay the reinstatement a bit. This could cause problems. But we wait and watch is all we can do.

12-13-2020 Newshound/Intel Guru Mnt Goat Article: “NEGOTIATIONS BETWEEN IRAQ AND THE “INTERNATIONAL MONETARY” TO DETERMINE THE EXCHANGE RATE OF THE DINAR” Will the IMF approve the reinstatement & float option suggested? This is what the IMF wanted all along.

12-13-2020 Intel Guru Footforward …There needs to be a clear distinction between exchanging notes in Iraq and having a new rate. They can’t have a new in country rate without it being international. They are trying to flush USD and 000 notes out.

12-13-20 Newshound Guru NORV [aka Guru Kaperoni] Luckily for us, the CBI is following the IMF and trying to create a strong dinar…and suitable investment climate so the economy grows…but for that to work, the GOI needs to pass laws and get private investors to come…then and only then will they get off the peg and float…allowing the dinar to gradually rise as a result of investors/ investment.

12-13-2020 Newshound/Intel Guru Mnt Goat …we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today.