Iraqi Dinar Guru opinions 3-2-2021

Iraqi Dinar Guru opinions 3-2-2021

Iraqi Dinar Guru opinions-predictions3-2-2021 Newshound/Intel Guru Mnt Goat Article: “AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE” So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles… that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher… there is much pressure to finally get this done.

3-2-2021 Newshound Guru Jeff Question: “Is the gain from this exchange rate considered taxable income?” I know a lot of people think this isn’t going to be taxable. It’s going to be a taxable event guys. We live in the greediest country in the world – the United States. I promise you this will not go untaxed. Plan on paying your taxes and getting on with your life. Keep it legal. Keep it real.

3-2-2021 Intel Guru Frank26 The Iraqi dinar is pegged to the American Dollar. You may say no it’s not. Trust me it is electronically. It’s already 1 to 1. I know that’s a bold statement to make…the Iraqi dinar is about to play fair with the American dollar. It’s pegged to it. It has no choice.

3-1-2021 Newshound Guru Adam Montana …I know it can be a bit painful to try to decipher the articles, so I’ll give you the elevator summary: Things are going well. There is a current discussion on “raising the price of the dollar”, which would be bad for Dinar, and the overall sentiment is that they publicly do NOT want to “raise the price of the dollar”. (That’s a good thing for us!) Part of the reason is due to the current favorable price of oil. And, of course, none of that matters when the HCL goes through. It’s been pretty quiet on the HCL front… When the HCL comes, we have an RV either already announced or just around the corner. Until the HCL is done, we wait patiently…I have no doubt that we will reap the dinar windfall… Go Iraq… Go Dinar…GO RRRVVV!!!…

3-1-2021 Intel Guru MarkZ [via PDK] [What is the rate for the dinar?] Well it was around $3.43 or so when they devalued it….so, worse case situation is they “reinstate that value”. If they reinstate that value…and add in inflation imo…that puts the rate around $4 or so…I am still hearing a possible contract rate for us of around $8.00. [What does “contract rate” mean?] We are offered a contract rate…i was told…since we are one of the countries that bore the cost of the war and rebuilding of Iraq we would get a contract rate for our dinar…

3-1-2021 Newshound Guru Jeff Remember I’m not a financial advisor. This is nothing more than my opinion. I strongly feel the rate will come in around the $3.80 range. That’s my personal opinion…

3-1-2021 Newshound Guru Pimpy There’s definitely without a doubt something going on with the Iraqi dinar. Absolutely there is and all kinds of weird things are pointed to March…nobody can put their finger on it. We’re gonna see…I’ve been trying to figure it out for the last few days…

3-1-2021 Intel Guru MarkZ [via PDK] Happy March 1st…I think this is the month to throw off our shackles…I am excited about this month. Iraq has been busy…they have released a press statement saying that parliament will stay in session until they have finished/wrapped up their budget. It is a mad push and they are in session as we speak. There is so much happening in Iraq to change the value. It could be as soon as today. I would not be surprised if someone were to call me right now and say “it is done!”

3-1-2021 Newshound Guru Adam Montana …In GOI news, Iraq is muddling through the final stages of the Budget. We don’t need the Budget to be complete before an RV, but a “happy agreement” between the Kurds and Baghdad will do a lot to grease the wheels…

3-1-2021 Newshound Guru Jeff Iraq is completely on par with Kuwait. Iraq and Kuwait’s fiscal year (I know this for a fact because I’ve already consulted with the Iraq government) is April through March of the following year. That’s why Kuwait changed at the end of April [March?] to accommodate the March fiscal year…If you want to know when Iraq’s doing their rate change, they’re doing it on the exact same historical Sunday when Kuwait did theirs…Iraq is following in Kuwait’s footsteps.

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