Iraqi Dinar Guru opinions 12-24-2021
Iraqi Dinar Guru opinions 12-24-2021
12-24-2021 Newshound/Intel Guru Mnt Goat In Iraq there is news that the dinar is going to soon be redenominated. This means the project to delete the zeros will be conducted soon, if all goes according to schedule. I suspect maybe in early January. We will see the reinstatement shortly afterwards after the CBI monitors for inflation and corruption of the first step. Earlier this week the CBI had long meetings with representatives from all the chartered banks to review the next step of the process of the redenomination. I am told they even showed them the newer notes and fils. But what can we expect as investors? We can expect nothing until the dinar is reinstated on FOREX and as we know the redenomination is the first step in this process…
12-24-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They just announced to us on television the cancellation of any and all deposits or any withdrawals from any of the private banks in Iraq. They said this is gonna start tomorrow. FRANK: Which is today. FIREFLY: …until Monday. And all banks will be closed here on Sunday. The reason given was for some annual maintenance to pay account interest and do annual reports. FRANK: These reports…are always done in the first quarter of the following year. For them to tell you that they’re doing annual maintenance, to pay accounts of interest and do annual reports is impossible because the year’s not over with yet. That may be true to a degree but it sure creates a window of opportunity for the monetary reform doesn’t it.
12-23-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI officially announced it has paid off Kuwait so all clear with Kuwait. FRANK: The fact that the CBI has made this official means that you are now officially article VIII and your country is about to float and because of that get ready!! Chapter 7 equals float.
12-23-2021 Intel Guru MarkZ [via PDK] I am not hearing any negative news. I am still hearing that we are at a “minute to minute” as they try to push this thing through and have people in the banks in the 2021 year. So there is still a major push happening while we are speaking. …Don’t rule tomorrow out yet…At the same time I’m not going to wait up and hold my breath until they pop. I know they are close and I am having to make peace with that…It has always been a “when” and not an “if”. And the “when” is getting closer by the day…. We don’t control the timing , but we are close. We all need to somehow hang on.
12-23-2021 Newshound Guru Petra The question one must ask is…was the UN aware of the actions both budgetary and strategically as to all the next steps, actions, and necessary protocols to finish payment to Kuwait? Does one think the UN was blind to the approach Iraq was taking to lift all sanctions in order to progress their country to the international marketplace? No! The UN has been in lock step all the way and frankly was part of the timing and strategic moves of Iraq for years. I cannot count how many times the UN was in Iraq or, Iraq was at the UN laying out their carefully laid out plans for their future with the most important document…the White Papers that I would not hesitate to say they had a part or contribution to its development and approval. The final payment to Kuwait was NOT a surprise to the UN.
12-23-2021 Newshound Guru Petra Wasn’t the UN representative Ms Blanchert (sp?) there for several days just 2 weeks ago? Why? IMO, for this very purpose. Did not Kuwait and SA formally recognize Iraq as a sovereign country? Surely they know what that means. Clearly much occurs in the background we don’t know about but the timing of bank activities, cessation of banking activities outside the normal protocols, and the announcement by both the CBI and the representative declaring their sovereignty cannot be ignored. Now there is the “letter” of the law and the “spirit” of the law and IMO the spirit of the law (intent of Chapter 7) has been fulfilled to allow Iraq to move forward with their reinstatement and forward progress of this country as designed in the White Papers. Go Iraq!!! IMO….
12-23-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI on the bottom of the screen they are asking citizens to come in with their money to open new accounts. They’re telling us they’re going from 4.5% to 6% [Interest]…the governor of the CBI is saying now they want all the money off the streets as much as possible. Then they started talking about exactly how much currency has come out. They did mention this is a process to retrieve the currency in so that the lower notes can exist in the market place now.
12-23-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The executive level of the private banks in Iraq are meeting with the CBI. IMO they are discussing now the 1, 5, 10, 20 and 100…new small category notes. Also IMO they are in conversation about the 50 dinar note. The 50 dinar note was taken out of circulation about 10 years ago because it was not compatible with the program rate…IMO they have renderings of all 5 of these new small category notes…What’s missing? There is no 25 note…they are also discussing the coins…they are also discussing the exchange rate for these five [notes]…you’ll read about it soon [In articles].
12-23-2021 Intel Guru MarkZ [via PDK] I am hearing a number of whales are staying in place over the holiday season. They are still expecting it “any moment”. They were told Sunday is a good possibility if it doesn’t occur before then…But being told they are still pushing hard to get this out within the next few days. If possible. I hope they make it. Don’t throw in the towel yet…I am still hearing very positive things on all fronts from Iraq to Zurich to the 3 different redemption areas here in the US.
12-23-2021 Intel Guru Frank26 Article: “What the Central Bank Has Achieved In Terms Of Monetary Reserves Requires The Government To Reduce The Exchange Rate” There we go again, ‘Frank, look they’re going to reduce the exchange rate.’ You don’t seem to understand what they’re trying to tell you. It’s difficult to interpret a mistranslation…In 2003 the rate was 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1…the smaller it gets the more you increase the value of the Iraqi dinar. And that’s what this means.
12-23-2021 Newshound Guru Pimpy Article: “The Iraqi market is abandoning the dinar…and the government is reassuring: There is no collapse” That’s not good. That weakens the dinar. We need to stop the two dollar system over there. They stopped it before but they need to stop it again. They need to do away with the American dollar and just force the people in Iraq to stick to the dinar. That would strengthen the dinar. That’s one of the things that needs to happen.
12-23-2021 Boot on the Ground Guru Nader From The Mid East We’re waiting for the security council to come out and say, ‘hey you guys are completely from Chapter 7.’ I know a lot of people tell you we’re out since 2017, 18, 13 – yes, some of it we’re out…but we’re not completely out like people like us who cannot do business. I cannot send stuff to United States. Only through other countries. We’re not out. So we’re waiting for the security council to come out and say, ‘Hey Iraq is good. Iraq is out of Chapter 7. You guys can do whatever you want now.’
12-23-2021 Intel Guru MarkZ [via PDK] Here is what I am hearing…we are still at an “any moment” for timing. And they still plan on a release before Christmas. Rumors out of Iraq are they do not plan on announcing the new government/leadership until Dec. 26th now. Was supposed to be today [Wednesday]. So, is it possible this has been kicked a few days until Sunday or Monday.? It is possible guys. But, it is also possible we can go in 10 minutes…we just do not know. They are still asking people to stay in place. They are still having people working in the Redemption Centers over the holidays…With Christmas day off and a half day n Christmas Eve. I am still feeling hopeful…I know we are really close.