Iraqi Dinar Guru opinions 10-9-2022
Iraqi Dinar Guru opinions 10-9-2022
10-9-2022 Newshound Guru Samson Article: “Governor of the Central Bank in Parliament to answer the currency of “20,000 dinars” Quote: “During the hosting, we will direct a number of questions to the governor, the most prominent of which are the feasibility, justifications and reasons for taking a decision by the Central Bank to print and issue a new category (20 thousand dinars) and how much money will be issued from the new category and the mechanism for putting such a currency in the market.”
10-9-2022 Intel Guru MarkZ [via PDK] [Is this going to be a taxable event? Many differing opinions on this.] I still think it will be a non- taxable event. But I am prepared either way to be safe. We just do not know 100%.
[As always, check with a tax professional at the appropriate time.]
10-9-2022 Newshound Guru Sandy Ingram We have excellent news from Iraq. The ARAP private bank league revealed…the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq. This strategy was put into place to strengthen the public’s confidence in the banking sector. This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress.
10-8-2022 Newshound/Intel Guru RVAlready [I forgot about the meeting Iraq was supposed to hold today.] It looked like another do nothing meeting, unfortunately. I think the UN will have to take action.
10-8-2022 Intel Guru Frank26 Why are these powerhouses of financing moving to Baghdad? IMO it’s because Iraq has become (and soon to announce it)…a financial hub. Just their reserves alone is announcing it. Just the economic potential is announcing it…
10-8-2022 Guru Nader From The Mid East Why it’s taking a long time to exchange the rate? The first thing is the occupation. The occupation is gone. It’s true it’s gone, the problem they still occupied the country with money. The dollar. So that they have to change first because Iraqis are buying more dollars than dinars. The second thing they have to change is the 3 zeros…I think they are going to do it soon…It’s still a little messy.
10-8-2022 Newshound Guru Pimpy Here’s the article that’s the big talk of the town. Everybody’s talking about the 20k dinar Article: “20 thousand dinars…the new category under the lens of experts, negative and positive” I’ve had a chance to chat with people, ‘Do you think this has anything to do with the revaluation?” No. Not at all. When you have a denomination that high that shows you they don’t have plans anytime soon to change the value of the dinar or there would be no need for a 20k dinar.
10-8-2022 Intel Guru MarkZ [via PDK] It seems awfully quiet…We are just watching and waiting for that shoe to drop.
10-8-2022 Newshound Guru Clare Article: “The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars” Quote: “the Central Bank of Iraq confirmed, today, Thursday, that the new twenty thousand category will carry high security marks, and while he pointed out that there is no tendency to print a category higher than 50 thousand… This category will be an intermediate currency structure and will be enhanced with high security marks from the latest globally and will provide an addition to smaller denominations such as the five thousand and ten thousand.”
10-8-2022 Intel Guru Frank26 Article: “The Governor of the Central Bank of Iraq receives a delegation from the World Bank” NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.
10-8-2022 Newshound/Intel Guru Mnt Goat Article: “CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION” This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.
10-8-2022 Intel Guru Bruce [via WiserNow] …we are supposed to be notified over the weekend. Now what is over the weekend mean? I would say Saturday. And possibly Saturday afternoon might be in play. Could they notify us on Sunday? Yeah. So either day is in play for notifications. What about exchanges? Could we get notified and start Saturday? Yes. Could we start even Sunday? Yes, not as likely. But I say “yes”. …even though Monday is Columbus Day…it is not a bank holiday – banks will not be closed. So does that mean Monday is in play for us to go in to redemption centers for exchanges? I think so…The good news is this is moving forward…I’ve been excited all week because I felt like from what I was hearing – we are really getting close.