Iraqi Dinar Guru opinions 1-7-2022
Iraqi Dinar Guru opinions 1-7-2022
1-7-2022 Intel Guru MarkZ [via PDK] My banking contacts at the redemption centers will be “on call” this weekend. They are not scheduled to work…so that is a change. This is pretty much what I have on the RV front…. We are so close to the end…. And we were told long ago by the person who pulls the trigger for all the North American banking block that we would see a tremendous amount of disinformation and smoke as we got close to the end. And then he gave us a key piece. To “watch the bonds and watch the bond markets for an inversion” So that is what we are doing. He told us it would get crazy like this at the end…so seeing this craziness is a good sign.
1-7-2022 Intel Guru Fleming The (new) Iraqi Government have put into place a formal plan to enter the world stage with a White Paper, scheduled to be published on January 9th, including the new 2022 Budget. The in-country-rate in Iraq, will be shown at a rate above $6.00. The international rate being discussed now, is projected to be higher than $11.00, if not double that rate. This is a negotiation determined by valuations for various assets which must be verified, qualified and quantified.
1-6-2022 Intel Guru MarkZ [via PDK] [Is it true the dinar is currently at $6?] I am not seeing it at $6. My banking folks are seeing it fluctuate right now from $3.81 as high as $14…but we do not know what the final rate will be. No final rate is locked in yet….
1-6-2022 Newshound Guru MilitiaMan …after having met the obligations of compensation to Kuwait, there will and should be that Iraq will be able to interlink global banking and with that comes and international rate to be applied. The banks are now closed until Sunday in Iraq, if I have that correct and there are no new holidays? lol Add in, the UAE is to link their monetary, governmental and financial work week with the rest of the world tomorrow. …So, it is my view that there may still be opportunity for us to see this over with by and or over the weekend into early next week, imo.
1-6-2022 Newshound Guru Petra It’s the CBI that has responsibility for the rate. Set that whole thing aside about forming the government…the first thing they’re gonna do I think the leadership is to go right after the budget…get it knocked out…the budget needs the rate…at this point in time we’re just waiting for those nice little notes to show up. That’s what we’re waiting for…and with that obviously would come the rate…
1-6-2022 Intel Guru Frank26 What the governor of the CBI is telling you [Iraqi citizens] is that right now you have a fixed rate but it stinks. It’s a program rate. It’s worthless. Now, soon the Iraqi dinar will de-peg from the American dollar and go on par with it at a fixed rate of 1 to 1 internationally. It is at that point where the global communities will buy, trade and sell in using the Iraqi dinar causing it to go up in value like the other middle eastern countries around you.
1-6-2022 Intel Guru Frank26 I believe you are going to hit a high $3 or even possible low $4. In other words a rate of 3 to 1 or maybe 4 to 1 internationally which would reflect inside of your country as well…IMO you are going to float the moment that they announce that you are clear of Chapter 7 and Chapter 6…because you already paid Kuwait this announcement is coming.
1-6-2022 Intel Guru MarkZ [via PDK] News out of Iraq is still very positive. They are saying lower denominations are prepared and they want to change the rate. It could be anytime. I am still hearing from Iraq it could go before the 9th… Don’t be in the doldrums today. We are going to get across the line. Wish I had more for you but it has been very quiet. The quiet before the storm???…the dark before the dawn???
1-6-2022 Newshound Guru Pimpy The election is done, over with, finalized. We have the first session coming up. We have talk about the rate change happening. No numbers are being thrown around. My thought is they’ll at least restore it back to where it was before…from 1450 dinars back to 1190 dinars. I know for a lot of people they’re like, ‘oh that sucks. That’s not what I wanted.’ As long as it’s going in the right direction be happy. As long as they continue down the path follow the white reform papers it seems to me that these increases are going to happen frequently and at a much bigger chunk than that little jump right there…
1-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: There is a rumor that the exchange rate will go down from 1460 to between 800 to 1000. That’s the rumor that’s going around between bankers. We are not sure. We just heard this. He said it would be a process… FRANK: …This is a rumor. He’s right. IMO…
1-6-2022 Intel Guru MarkZ [via PDK] I am hearing our turn is anywhere from late this week to the 15th… I contacted 3 different Iraqi contacts, and they are expecting between the 9th and the 15th. I’m not saying it can’t happen sooner…just what they expect right now. I am not ruling out this week at all.
1-5-2022 Intel Guru Bruce …Iraq is supposed to bring out their new rate again – they’ve already brought one out last Sunday – and it’s already in excess of what Dr Shabibi said our value would be on the Dinar…They are coming out with either an updated version of that Sunday as well as the introduction of their new government…So we are supposed to be launched prior to that – that means realistically – we should be there Wednesday – Thursday – Friday – or Saturday… we can’t absolutely pin it down but things are moving through…I think we are…at a very short waiting time…We know the rates are going to be very strong – we are not going to be concerned about that…