Iraqi Dinar Guru opinions 12-2-2023
Iraqi Dinar Guru opinions 12-2-2023
12-2-2023 Intel Guru Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn’t matter. Whenever they do it they’ll do it but what’s really important is in order to join the WTO you have to be Article VIII…All they have to do is raise the value of their currency, that’s it.
12-2-2023 Newshound Guru Pimpy When we talk about stability this is not what you want to see. Article: “10 Killed, 14 injured in Iraq roadside Bomb Attack” If you’re going after politicians that’s not a stable country…Essentially you’re talking about assassinations…these are types of things we hope Iraq can get away from. Not the kind of news we want to hear.
12-2-2023 Newshound/Intel Guru Mnt Goat “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” …more proof that Iraqi’s economy does not need to grow any more at this time in order to get to the value of the dinar to what we need for a fair and honest rate reflected…the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. …Iraq will never be able to raise enough the money alone to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors…
12-1-2023 Intel Guru Frank26 Question: ‘Do you think the rate might come out more than 1 to 1 or higher?’ It is possible they might be looking at $1.18…1 to 1 is a good start no doubt but it’s been 20 years and I think $1.18 is fair enough to start the float at against the dollar. The goal is to go past the dollar.
12-1-2023 Intel Guru Bruce [via WiserNow] Iraq is looking to put their HCL law in the Gazette along with their new international rates…And since [Friday] is a High Holy Day – I don’t know this, but I think they would probably put it in the virtual online version, if you will, the digital Gazette on Friday, and…put it in the printed version of the Gazette on Saturday.
12-1-2023 Newshound Guru Militia Man Do your own research. Get professional advice. I don’t care if it’s legal, tax, anything, everybody should get their own professionals. I’m not one. Nor is my crew. We just help read the news…
12-1-2023 Newshound Guru Clare Article: “Strengthening the balance of Iraqi banks in foreign currency supports the private sector and the local market” Quote: “The increase in the currency exchange rate by accredited banks provides another safe path to meet the local market’s needs for foreign currency.”
12-1-2023 Newshound Guru Kaperoni Those who are wondering about the dinar market rate in Iraq. It is currently about 18% over the official CBI rate. Not acceptable. Until Iraq is in compliance they will not be able to accept IMF article VIII…The problem in Iraq right now is the spread which is completely out of whack from IMF guidelines…
12-1-2023 Intel Guru Bruce [via WiserNow] …we were supposed to according to pretty high up sources…to be exchanging Wednesday or Thursday and I had clarifications that we would be exchanging…Well, guess what, we are not – yet – exchanging…I think there’s a number of factors and…one in particular …that’s delayed us slightly…Everything really is ready to go. I really do believe that we are ready.
12-1-2023 Intel Guru Frank26 Why are all these countries, why are all these companies saying such great and wonderful things about Iraq and Sudani when they never did before? Why is it that parliament is saying beautiful things about reforms and the success of it that Sudani has had? There is a change in your [Iraqi citizens] monetary policy. Your monetary sovereignty is coming to you before ’24.
12-1-2023 Newshound Guru Breitling In the article, they want to go and do this monetary sovereignty. What do they have to do? They have to eliminate the US dollar out of the public. But the dollars they eliminate they want to put into their reserve. So they’re not de-dollarizing. They’re trying to build up their reserve and at the same time expand the supply times velocity of their currency…
12-1-2023 Intel Guru MarkZ [via PDK] Yes its Dec 1st …and yes we were hoping we would have gone by now…but the Redemption center folks will be on call this weekend. They are very hopeful for the next few days…We can feel this is so close which makes it much tougher to wait.
12-1-2023 Newshound Guru Pimpy Content creators are trying to be the first out there to break some news…so they could go, ‘See I told you so!’ When you’ve been doing this as long as I have you get past all that crap. So, God is telling [this content creator] that the Iraqi dinar no longer has any restrictions. Well I made a phone call to God myself personally, he don’t recall seeing anything like that at all…God’s telling her there’s no more restrictions on Iraqi dinar…I looked around to find out if that was true because, you know, when it comes to God, God’s not wrong and if she’s getting a message from God and God’s telling her there’s no more restrictions on an Iraqi dinar well that would be splendid, that would be wonderful.
12-1-2023 Newshound Guru Pimpy The problem is I could find no such information…There’s still restrictions on the Iraqi dinar. That’s not counting they’re still under sanctions with the United States. This is why we see them having to get permission from the United States to do certain things… There’s been a lot of good news lately coming out of Iraq and it’s exciting. I get it. Be we don’t want to get too far ahead of ourselves. You’re got people out there talking about…God told them there’s no more restrictions on the Iraqi dinar…I guess we’re going to find out. It would seem to us that that kind of news would have been out and about real quick because that is a major major step for Iraq to have no restrictions on their currency…Getting rid of any kind of sanctions on the Iraqi dinar would be a huge step for Iraq. It would be exciting for everyone.
12-1-2023 Intel Guru Frank26 Question: ‘Are we at the point this could happen this weekend as well as the last week of December or any time in-between?’ IMO December is a month to remember if they stay on the schedule that we believe before ’24.
12-1-2023 Newshound/Intel Guru Mnt Goat “ADVISER TO THE PRIME MINISTER: ECONOMIC POLICY IN IRAQ IS MOVING TOWARDS IMPLEMENTING THE PRINCIPLE OF MONETARY SOVEREIGNTY” WOW! WOW! WOW! It tells us flat right out in the open that Iraq is about to take complete control over their currency again. WOW! …This has reinstatement and RV written all over this statement…
12-1-2023 Intel Guru yada Article: “Baghdad today – Baghdad Today, Friday (December 1, 2023), the National Public Retirement Authority announced the start of disbursing salaries to retirees next Sunday“ Yes, that is this Sunday the 3rd.; The reduction of the oil output by 650,000 barrels means an increase in the price of oil, higher rates in the dinar value will follow.; Lastly, the official change in the auction practice stopping the auctions while the banks are NOW transferring dollars through the designated banks connected with Chase and Citibank started… All clear signs we will see our expected end, now IMO.
12-1-2023 Intel Guru Bruce [via WiserNow] …we really do have good contact in Iraq. And we’re getting word that the ATM machines are filled with the lower denomination bills like ours…10 20 50 and 100 dinar notes – I think those are all available in the actual ATM machines…Now they have been working…since Thanksgiving – maybe a little bit before that – in the airport locations in Baghdad and at the border location – where ever the ATM’s are at the border…they are working now and they are in use…I do not believe they’re all in use all over the country yet. But I think that is about to change… they are minting new coins for people to use…Iraqis are going to feel a little jingle in their pockets soon…
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