Iraqi Dinar Guru opinions 4-20-2022
Iraqi Dinar Guru opinions 4-20-2022
4-20-2022 Intel Guru Fleming …In a call with the Central Bank of Iraq…happy news was shared…Iraq has had their “Interim Government” in place for the past 2 weeks. The have removed all Iranians (troublemakers), from government…The new (approximate) Golden Dinar rate is 1 IQD to $3 USD…The only compelling reason to wait to begin Tier 4 exchange, is for the ISO 20022 [an ISO standard for electronic data interchange between financial institutions.], which goes into effect the end of the month for currency all over the world. It’s the final, and the verifiable triggering event…Relax with a hopeful knowledge that this is the end of your long wait…
4-20-2022 Intel Guru MarkZ [via PDK] [Do you think they could change the dinar…making the notes we hold no good?] Eventually yes…AFTER we have all exchanged. After a certain amount of time…the large 3 zero notes will be no good…Whenever they change to a new series of notes…there is a time period to exchange the old ones before they are no longer good.
4-19-2022 Newshound/Intel Guru Walkingstick Question: “Do you think 2 to 1 is enough? Is it possible for them to consider in their recalculations to make it go even higher?” Yes for the fact they are now looking at the introduction of a currency basket not on par with the USD…
4-19-2022 Intel Guru MarkZ [via PDK] A lot of banking contacts reached out to me today and I am very hesitant to even say it but…I will let you guys manage your own expectations and I will share what I have heard…I think April is going to be fantastic. The banking side has expectations of an announcement on Thursday…my phone has been blowing up with this story of banks expecting to start giving notices on Thursday. This is from banking personnel…I do not know how much credence to give this so don’t make any decisions based on this…I am hopeful that perhaps this is it…but…
4-19-2022 Intel Guru MarkZ [via PDK] There is conflicting news coming out of Iraq which we always expected would happen at the end. We were told to expect Iraq to put out all kinds of “dates” when it was close…That is what we are seeing. If you read the Kuwaiti newspaper the day before they revalued theirs…they said the RV was about 3 years away…conflicting stories with dates all over the board…then they RV’d it that next morning…I am praying they are right with this news about Thursday from the banking side.
4-19-2022 Newshound Guru Clare Question: “Will the IQD be asset backed when there is a change in rate?” YES, BECAUSE IT IS ASSET BACKED ALREADY BECAUSE THE AMOUNT OF WEALTH IRAQ HOLDS IS AMAZING!!! IMO THE CBI RESERVES ARE VERY HIGH! COUNTRIES HAVE INVESTED & CURRENCY SWAPS HAVE TAKEN PLACE … BECAUSE THEY KNOW WHAT IS GOING TO HAPPEN IN IRAQ!
4-19-2022 Newshound Guru Pimpy Everybody’s wanting to know about the Iraqi rate change. I’m going to tell you right now, until the government is formed, the budget is passed, more money is invested into the private sector – that is not going to happen. I know that’s not a popular thing to say but…we stay grounded. I’m not here to blow smoke up your butt. I’m here to just be realistic about this investment…
4-19-2022 Intel Guru Frank26 Article: “The Dollar Exchange Rate That Will Be Approved In The 2022 Budget ” WHY DO YOU NEED TO APPROVE THE EXCHANGE RATE FOR THE 2022 BUDGET… WHEN YOU ALREADY HAVE AN EXCHANGE RATE… UNLESS YOU’RE GOING TO CHANGE IT.
4-19-2022 Intel Guru MarkZ [via PDK] It has been so quiet… I am hoping it’s the quiet before the storm because it has been silent on all fronts this week…I think we will have slow, steady disclosure going on throughout the week… I also think we are on high alert. I am stunned we are still sitting here waiting and it’s already April 19th… Iraq has already had meetings on what to do with the abundance of funds they are about to have.
4-19-2022 Newshound/Intel Guru Walkingstick A caretaker government will not introduce a new exchange rate. A caretaker government is just that, to keep a functioning government body. The new exchange rate will be introduced by a seated government.
4-19-2022 Newshound/Intel Guru MntGoat …All the news is very good. …the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t.