Iraqi Dinar Guru opinions 4-7-2022
Iraqi Dinar Guru opinions 4-7-2022
4-7-2022 Newshound Guru Godlover Article: “Iraq is awaiting a decision from the Federal Supreme Court regarding the constitutional vacuum” Quote: “The Federal Court is awaiting the political consensus between the conflicting blocs to find an agreement after the month of Ramadan to form the next government and choose the President of the Republic.” Yep…Because Ramadan is very sacred to them & they do little to nothing during that holiday.
4-7-2022 Intel Guru MarkZ [I heard Iraq hasn’t set the rate because there are some officials that don’t want to see Americans get wealthy.] There has been an ongoing problem with that from day one. Is it going to keep them from changing the rate? No. Will they revalue the dinar a little lower and let if float? Possibly. Remember that if they do not change the rate- they will not get prosperity. Don’t worry about that.
4-7-2022 Newshound Guru Pimpy Article: “The deadline for choosing the President of the Republic and expectations or the intervention of the Federal Court” Today was a deadline and there’s no president. They can’t get a quorum going. I was wondering what the courts are going to be able to do – It looks like we’re going to find our here pretty soon. But yeah you have to have a stable government, stable economy…outside investors, foreign investors who are interested to go into your country to invest in it. All these things are taken in consideration [for a new exchange rate]. We’re getting there but not as quickly as a lot of us would like…
4-6-2022 Newshound/Intel Guru Mnt Goat Article: “AL-KAZEMI AFFIRMED THAT IRAQ WILL RETURN TO ITS RIGHTFUL PLACE AND ITS COVENANT KNOWN FOR ITS STRENGTH AND HUMAN AND GLOBAL PRESENCE” We appreciate when these politicians talk about “global” presence or anything international. It shows they are thinking on the right track. Remember just 5 years ago this was not the case.
4-6-2022 Intel Guru MarkZ [via PDK] [What’s the news in Iraq , did they vote?] We are hearing from the 2 largest blocks who rarely agree on anything…that they have agreed and have things fixed…so guess we buckle up and watch this one…. I think a lot of it is just for show as we move forward.
4-6-2022 Newshound Guru Sandy Ingram Learning how to improve your financial portfolio is a wise way to spend our time. For instance, what if the IQD floated to .25 cents next week or next month? If you had 1 million Iraqi dinar to exchange – What would do with $250,000 to build your wealth? There are hundreds of different answers to his question…research is always up to you…
4-6-2022 Intel Guru Bruce [via WiserNow] …I said I believed that…we are in – “The Final Countdown” right now – so let’s count this thing down…It appears that where we are right now is in a great place for all of this to happen…in terms of what has to happen for everything to come together in this process – I think that we have finally reached that – where we have completed everything that needed to be done…Banks told us we…should be notified sometime tomorrow (Wednesday)…I think we should be within a day or so…I have been in this for 18 years…and I believe we’re in a really good place and we are – in my opinion – in the final countdown…
4-6-2022 Newshound/Intel Guru Mnt Goat …I must tell you what the CBI and the US Treasury are telling me. They are waiting for the govt to be formed, hoping that the Iranian influence will be under control and have the least impact on Iraqi politics. Also that the Sadr anti-corruption policies work.
4-6-2022 Newshound Guru Pimpy Can actions of Russia help increase the exchange rate of the Iraqi dinar? Oh yeah it could! It absolutely could bring the rate back to where it was in the past…What did Russia do that could help Iraq increase the value of the Iraqi dinar? They moved into the gold standard…through the sale of their oil… Article: “Russia sets fixed gold price as it restarts official bullion purchases” What does this mean?
4-6-2022 Newshound Guru Pimpy …You cannot buy Russian oil unless you use the Russian ruble. Right now around the world they use…the Petrodollar. In other words the United States dollar. Russia and China had already agreed to start doing trade in their own currencies. Saudi Arabia is agreeing to sell oil to China and Russia in their currencies and getting away from the greenbacks…these people are…moving us back into the gold standard…that’s going to strengthen the currency which is going to be strengthened by its gold and the gold is going to come from the sale of oil. So what does that have to do with the Iraqi dinar?
4-6-2022 Newshound Guru Pimpy …What Iraq and OPEC should do is the same thing…We already saw the Russian ruble was devalued right when they got put under sanctions but in less than a month it has already regained all of the value it had lost. What do you think is going to happen to the currency now that’s it’s moved into the gold standard? It’s only going to get stronger…if you force people to buy the oil using…the Iraqi dinar then it’s going to increase the purchasing power of the Iraqi dinar. It’s going to make it a stronger currency because more gold is coming in, more people are forced to use the currency – think supply and demand. Demand for the Iraqi dinar would increase big time…they should follow in the footsteps of what Russia is doing.
4-6-2022 Newshound Guru Godlover “Shakhwan Abdullah: Parliament Will Punish Those Who Leaked The Parliament’s Internal Communications” I am hoping that tomorrow [Wednesday] at the very least the POR is elected. A previous article stated that once the POR is elected, the government formation could pass quickly. Then once the government is seated they can then send the budget to parliament. God willing once the budget is read, voted on, signed into law & finally opened, we will see what we all seek.