Iraqi Dinar Guru opinions 1-8-2022
Iraqi Dinar Guru opinions 1-8-2022
1-8-2022 Newshound/Intel Guru Mnt Goat A government advisor announced that the budget of two thousand and twenty-two will be submitted to the new House of Representatives after its meeting. I do not think they are going to play around with this budget this time and takes months to pass. Since this is the first bill on their agenda we can see this is a priority.
1-8-2022 Intel Guru MarkZ [via PDK] [Will the dinar we hold become worthless?] Yes at some point it will…but after we have exchanged it at the increased rate or exchanged it for lower denomination- if you live in Iraq. At some point after the RV it will become worthless. After the RV it will become logistically impossible to have large note bills in circulation. The Iraqi dinar was worth $3.22 US before they invaded Kuwait. After that the Central banks around the world devalued this Iraqi dinar. What will happen now is they will reinstate the value…this is what we are waiting to happen in iraq. After the Vietnam war the same thing happened….It was valued at about $2.22 US before the war and it has not yet been reinstated either…this is a rare thing.
1-7-2022 Intel Guru Bruce [via WiserNow] ..Iraq is in a position for…forming a new government – they are about to bring out their new rate on Sunday again – they had one last Sunday – I don’t know if it will increase – I suspect it might go up – they have a nice in country rate …the rate they are showing for us on our screens exceeds what Dr Shabibi projected for us… Now when it comes down to us and our timing…we do have it on very good authority that our side of the RV is how it was put – will start this weekend…Now that is referring to Saturday or Sunday – and to be completely safe – one additional source is saying it could be Sunday/Monday…these are from very highest of sources… So everybody hang in there and stay positive.
1-7-2022 Intel Guru MarkZ [via PDK] The news really has been great…The QFS [Quantum Financial System?] is definitely prepared…This is a methodical, planned rollout. We don’t know the exact timing but I can tell you they are making steady progress. This is coming from a contact that is as high up as you can get in the contintal US…I am personally excited where we are at now.
1-7-2022 Intel Guru Frank26 It’s at the executive [bank] level…that’s why I don’t care about this, this, this, this or that. I only care about the new small category notes to be shown to the citizens of Iraq. Because deep in my heart IMO that’s all I’m looking for now and waiting for. So is the IMF. Waiting for the same thing…
1-7-2022 Newshound/Intel Guru Mnt Goat Happy New Year! So, here we are in early January 2022. Are you excited? You should be! Many of us have been waiting for this period for this entire year. Remember once they open and begin spending this 2022 budget we are in trouble if we have not yet seen the reinstatement. I am still getting all indications that the Central Bank is planning to move ahead with the project to delete the zeros and we know this leads to the reinstatement. We need the reinstatement in order to go to the bank and exchange.
1-7-2022 Newshound/Intel Guru Mnt Goat The banks are NOT going to accept this currency unless it is traded on FOREX. I do not believe we need to see the final UN resolution releasing Iraq from Chapter 6 and 7. We get information today that the budget is their highest priority in the new session of parliament starting on Sunday. It is nice to see everything moving smoothly in this process.
1-7-2022 Newshound Guru Pimpy Points to remember: Price of the currency depends on supply and demand, speculation (that’s us, People out there investing/speculating that it might go up or down…), the political and economic conditions of the issuing country…I’m just helping out you newbies… ‘What does this have to do with the currency?’ This is what it has to do with it. It’s just not a matter of, ‘Oh, it’s there. That’s the price.’ No. There are other factors in there.
1-7-2022 Newshound Guru Pimpy The future prospects of the issuing country affect the price of the currency…we know the political part started to become more stable…economic conditions, we seen that Iraq is starting to build up its private sector, trying to get away from oil. That is helping their GDP. There was good growth in 2021. They’re expecting even better growth in 2022. That’s why we pay attention to what’s going on in politics and what’s going on around the country…that’s why we pay attention to the news…
1-7-2022 Intel Guru MarkZ [via PDK] Iraq has already closed down their banking until Sunday. Also on Sunday they should be seating their new government. It seems like all eyes are on the 9th now, but I am not ruling out sooner. Redemption Center folks are on call this weekend. They don’t have to work…just be on call and within 50 miles of their location…I am thinking between the 9th and the 12th. But could be sooner. Article: “Global Bond rout intensifies as Fed prompts bet on faster hikes” I told you yesterday my best contact told us to “watch the bond markets” I believe we are on the precipice.
1-7-2022 Intel Guru Frank26 IMO the Central Bank of Iraq has completed its distribution of the new small category notes to all of its banks… 2. IMO the training of those in the banks have begun to train with the new small category notes that means all the banks have completed the training by now or it means the training is soon to end. 3. The cause and effect of 1 and 2 IMO means that the notes are now physically in the hands of the tellers to give to the citizens of Iraq…do you understand how close you are?
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.
1-7-2022 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.