Iraqi Dinar Guru opinions 12-5-2023

Iraqi Dinar Guru opinions 12-5-2023

12-5-2023 Newshound Guru Militia Man World Bank Article…the part here I like the most: “…an expected influx of imports driven by the dinar revaluation and the significant increase in government expenditures…” If you think about this for a minute if they give the citizens purchasing power are they not going to drive up an influx of imports because everybody has a little bit more money to maybe buy a new car, carpets, paint their house, build an addition to their home. They’re going to have that extra money for those kids…The World Bank has an expectation of influx of imports due to what? ‘…Driven by the dinar revaluation…’

12-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says we are moving towards monetary sovereignty. FRANK: The reason they tell you this is because it’s moving towards a monetary sovereign national currency that will replace the 3-zero notes that are worthless and also replace the American dollar…They’re not hiding anything. It’s not a secret. Everything is out in the open…

12-5-2023 Newshound/Intel Guru Mnt Goat The [CBI] contact…told me that the rate is going to change very soon but not backwards only forwards, meaning to go up in value and not down. I was also told that as an investor we will like the final rate. Again, it was emphasized to me that there would first be an in-country rate (close to USD 1 to IQD 1) during the swap-out in Iraq of the three zero notes and then later a new rate once the dinar is liberated back to the foreign currency exchanges and re-pegged. At this point the in-country rate goes away. There will NEVER be two rates…They wanted to make this point very clear to me that this is the process. When the in-country rate comes out there is little we, as investors, can do to exchange and our turn-out will come later, if we so choose to give up our dinars.

12-4-2023 Intel Guru RayRen98 GOOD SOURCES INFORM THAT THEY ARE ATTEMPTING TO PUSH IT ON OUT TONIGHT…INTO THE MORNING.

12-4-2023 Newshound Guru Pimpy Question: “Are there steps Iraq can take to have the $3.22 rate reinstated?” Yes. I’m not saying that they can do it…I’m not saying it’s not going to increase in value, I’m saying it’s just not going to happen overnight. We’re going to see it continue to increase in increments. Just give it time. You’re going to start seeing it jump up and just hold on to your dinar.

12-4-2023 Intel Guru Frank26 On January the 1st of 2024 you [Iraqi citizens] will not be able to use or touch the American dollar in any way, shape or form anymore. The CBI…will tell you not anymore, come and get your new small category notes and let us introduce you to your new exchange rate…it is now coming IMO…

12-4-2023 Intel Guru MarkZ [via PDK] Iraq is being very clear the dinar will be higher than the dollar and no more dollars after Jan 1st…They are telling us everything we need to know. We just need to stay calm.

12-4-2023 Newshound Guru Kaperoni If Iraq is ever going to raise the value of the dinar there are several things that need to occur first of which requires Iraq to diversify their economy away from oil. To create a private sector, employ their citizens and begin to manufacture, create agriculture etc. This is an absolute requirement to be self-sufficient. Currently, Iraq Imports about 90% of the goods they need.

12-4-2023 Newshound Guru Sandy Ingram The Central Bank of Iraq confirmed some Iraqi banks are transferring dollars from their accounts to intermediary banks who are distributing the dollars to their customers. The Central Bank of Iraq said this will contribute to reducing the exchange rate of the parallel dollar…[We’re] thinking this is to keep the black market intact. This means the decision to only use Iraqi dinar in all transactions beginning January 1, 2024 may cause concerns and the Central Bank of Iraq is making moves to control any possible issues.

12-4-2023 Newshound Guru Pimpy Still today I can’t find any news so called restrictions removed. No restrictions have been removed yet.

12-4-2023 Newshound Guru Militia Man Article: “It’s time for the Iraqi economy to be linked to the global economic cycle. Al-Sudani stresses the government’s endeavors to achieve an industry that exports its product outside Iraq.” That’s exactly what we need. Everybody knows Iraq has been an import country and they’ve been using oil as a revenue stream. Now they’re going to go from a rentier oil industry to a non-oil revenue stream country…You have the industrial cities, liquid natural gas, tourism, agriculture…Iraq is filthy with minerals.

12-4-2023 Intel Guru MarkZ [via PDK] …today at 4:15 pm the Fed will have a meeting on “FOREIGN EXCHANGE RATES” This does not pop up on their calendar very often but today they are discussing foreign currency exchange rates at the Federal Reserve at 4:15 pm. Could this be what we are looking for? It’s possible.

12-4-2023 Intel Guru Frank26 Question: ‘Is it December for Iraq or for international as well?’ [Frank’s current timeline for the RI is before 2024] Both, because the citizens will be receiving their purchasing power and the currency will then start to go outside the border in international trade and start to climb in value.

12-4-2023 Newshound Guru Pimpy Article: “Central Bank reveals two agreements during joint Iraqi delegation talks in Turkey” This agreement with Turkey allows…merchants to purchase goods from each other’s country using their own currency. If I’m a merchant in Iraq and I want to buy goods from over there in Turkey to sell in my store I can purchase those goods using Iraqi dinars and vice versa. If I’m a merchant in Turkey and I want to buy some goods that I can sell in my store over here in Turkey I can use the Euro or the Lera and then the banks will settle the issue with the two currencies. That’s why they [the banks] do currency swaps. These are pretty big hurdles Iraq has managed to get over. Let’s hope they continue down this path and nothing bad happens…

12-4-2023 Newshound/Intel Guru Mnt Goat …The rate is NOT going to start at 1/6 of a penny and climb from there when it does get reinstated. The rate has to reflect the TRUE rate of the value of the assets Iraq now holds. Not the value of an intentional, sanctioned, suppressed currency. Why would they even bother to do all this work for the banking, financial and currency reforms if they were just going to leave the rate at 1/6 of a penny?

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