Iraqi Dinar Guru opinions 8-24-2022
Iraqi Dinar Guru opinions 8-24-2022
8-24-2022 Intel Guru Frank26 The CBI is very busy as you can see with the articles with many banks around the world. For a program rate? No. No. No. Strongly IMO to put these banks at an International understanding that the Iraqi dinar is about to go international. Float. And change its exchange rate and add value to it. Deep in my heart this is what I believe the CBI governor has been telling over 200 banks…all year preparing them.
8-24-2022 Intel Guru MarkZ [via PDK] Article: “Al Kazemi cut short his visit to Egypt and called for an immediate meeting” This is due to protests and the evacuation of the CBI as the Sadr movement has taken to sitting outside… Article: “Evacuation of the Central Bank of Iraq Complex in Baghdad for security reasons” …there has not been any violence… …IMO the media is blowing this out of proportion…but, imo we are getting close to a culmination of events there. Talking to people on the streets of Iraq …they are far more positive then what we are reading in their press. It is positive that we are coming to a forced resolution in Iraqi differences.
8-24-2022 Newshound/Intel Guru Mnt Goat No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political parties…Hanan Al-Fatlawi, announced… Sunday, the acceptance of the debate…If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.
8-23-2022 Intel Guru MarkZ [via PDK] This article is big…“Ater scandals escalated, the central bank ousted a company that mediated in the currency auctions” What’s important here is this company is being fined billions of dinar because they traded during the 50 day period preceding the date of the exchange rate change…which is illegal. I think this might be a key piece. It seems to me they are saying they know the rate is going to change within 50 days… They have been sanctioned…their accounts were emptied of dinar because this company was buying and selling within 50 days before an exchange rate change. This may be a key piece that lets us know how close we are. IMO this means they know the RV is coming within a set period of time.
8-23-2022 Newshound Guru Militiaman Article: “The Arab Monetary Fund Issues A Study Entitled “Analysis Of Symmetric And Asymmetric Information In The Structure Of Fluctuation In Real Exchange Rates” Well well.. Look at the preemptive study that had been on going for 5 years. There is a meeting in Egypt that includes Iraq on Monday.. Think about the good news that will come once the international exchange rate of Iraq is placed in the AMF basket of currencies.. All boats rise with the tide…
8-23-2022 Newshound Guru Breitling It’s very rare for a country to swap out [their currency] and not let people exchange. You have to get that out of your head because it’s not a reality. It doesn’t work that way. The economy would collapse. Remember when they [The CBI] retired the 50 dinar note? You had a timeframe to exchange… [NOTE: We had 60 days to get your 50 dinar notes to online brokers to exchange for different denomination notes or currency.]
8-23-2022 Intel Guru MarkZ [via PDK] Everybody is still sitting in a prepared position waiting for the switch to get flipped. Wish we had a better idea on timing…
8-23-2022 Newshound Guru Kaperoni The IMF’s made it clear that they would like Iraq to float the currency and allow the dinar to gradually appreciate over time. This is the best way for the dinar to gain value… Iraq’s economy is extremely underdeveloped. And only with the success and growth of diversifying their economy can the dinar go up in value.
8-23-2022 Newshound Guru Pimpy I’ve reconsidered getting a job as one of those redemption center people. They have been on standby now for 15 years. So basically they get paid to sit there by the machines and wait. Man, I wonder what kind of money they make per hour.
8-23-2022 Intel Guru MarkZ [via PDK] [What happened to the contractors in Iraq that were supposed to be paid August 15th.] Let’s just say they are very happy.
8-23-2022 Newshound Guru Samson Article: “The Sadrist movement demands the resignation of Faeq Zeidan” Quote: “The people want the reform of the judiciary.”
8-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They’re saying the reserves will be over $92 billion by the end of the year…we believe it’s a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: …The education of the monetary reform is being expressed to you successfully…Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not…And look who’s telling it to you. The leaders. These are the best of times for your country.
8-23-2022 Intel Guru MarkZ [via PDK] I am being told you will have 10 days to set the appointment and 30 days to exchange. Then I am being told 30 days after it actually goes …we will not be able to exchange the big notes anymore.