Iraqi Dinar Guru opinions 8-24-2024

Iraqi Dinar Guru opinions 8-24-2024

8-24-24 Intel Guru Frank26 I don’t care about the WTO and HCL because it only waits for one thing, the new exchange rate. The only mechanism that everyone is waiting for is the new exchange rate. That is the simple fact. This fact is real because Sudani is constantly reinforcing that idea…by constantly coming out on TV and talking to you [Iraqi citizens] about you’re going to get purchasing power.

8-24-2024 Newshound Guru Militia Man Article: “Iraq is heading towards printing new paper currency” They’re not going to print new currency in the sense of triple zero notes…There’s no reason for it. They were destroying perfectly good triple zero notes. They did a video on it…destroying money, making little pellets. They had a whole show on it. Why would they be destroying good money? Granted, if they filmed that they were damaged with ink on them, all these different things, I understand that. That wasn’t the case. In 2018…they spent tens of millions of dollars on printing new currency… Bottom line is, why would they be printing triple zero notes at a time when inflation is low? That would create inflation. The whole idea is not to do that. Article quote: “There’s no intention to print new paper currency at the central bank…”

8-24-2024 Intel Guru MarkZ [via PDK] COMMENT: …Iraqi Citizens are being shown the new lower denominations on the street level. They are being distributed in Iraq…If so, I assume this puts us in a short window until it’s on forex for us. MarkZ: If they are being distributed…yes. We do know they have printed them…we have seen the contracts with DeLaRue in 2018 when they were printed. We know they have sent “cut sheets” or samples to banks , large retailers etc…showing all the security features etc. So they have printed them, prepared everyone, educated the exchange houses. They have also formed a committee to educate people on price changes. It’s clear they are going to lower denominations. If they are finally releasing them at the street level… Well, that is huge news…

8-23-2024 Intel Guru Frank26 We found out the 3 zero notes are going to coexist with the lower notes for 10 years. Do you understand the power behind that? That means we’re going to be able to participate in not only the float but the Real Effective Exchange Rate (REER).

8-23-2024 Newshound Guru Militia Man We’ve been here for what…20 years, right? …The Truth is today it’s not the same. Nothing 20 years ago has anything to do with today. You might just hang your hat, chill out and get back on board and pay attention…

8-23-2024 Newshound Guru Samson Article: ”US government decides to tackle Iraq’s energy crisis in exchange for Iran’s economically ‘stifling’ ”

8-23-2024 Intel Guru Wolverine [via Judy Byington] It looks like we have the green light. It looks like it’s on…It’s not official, but it looks like it’s happening.

8-23-2024 Newshound Guru Samson Article: “Iraqis.. Saving in gold instead of dollars” Quote: “Iraqis are turning to saving gold instead of the dollar, which has caused its continued rise…”

8-23-2024 Newshound Guru Militia Man ‘Theft of The Century’ is not going away…It’s just so much money that’s been stolen.

8-23-2024 Intel Guru MarkZ [via PDK] Article: “Iraq Now Moving Backwards in Battle to Strengthen the IQD” Iraq is having problems with the US dollar. Too many people still want to use the US dollar instead of the Iraqi dinar…This problem will not go away…it will not disappear until the value of the dinar is closer to the dollar or more than the dollar. It will completely go away the moment the dinar is worth more than the US dollar.

8-23-2024 Intel Guru MarkZ [via PDK] I am told this is part of the push coming out of the CBI right now because they know its causing issues for them if they do not go ahead and increase that value. I am told this is part of why in Iraq this weekend is in the crosshairs. Will they do it? Will they raise the value? I don’t know but that is certainly the chatter right now. This is from my finance ministry connection and a couple contractors over there…Let’s hope the rumors for this weekend coming out of Iraq are correct.

8-23-2024 Newshound Guru Clare Article: ”Is Iraq heading towards printing new paper currency?” Quote “The Parliamentary Finance Committee confirmed, on Thursday, that there is no intention to print new paper currency.”

8-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [his Iraqi bank friend] said we’re going to get massive purchasing power. But others outside of Iraq, they will make millions. FRANK: I know it forwards and backwards, in fact I dream about it! I know the process.

8-23-2024 Newshound Guru Militia Man The non-oil sector is going to be equal to or superior to Iraq’s oil income. It’s just the way it is. They have so much wealth in this country and there’s going to be so much demand for the dinar..It’s going to be a massive change to this country. The Development Road Project is massive… [it’s] fully underway…It’s evidence they’re taking
Iraq international. It’s not stopping.

8-23-2024 Intel Guru MarkZ [via PDK] Question: What happened to Iraqs ascension to the WTO on Aug 18th? MarkZ: My Iraqi source say they are done…they are complete….and waiting for an announcement to tie it with the HCL. They tell me they are done and prepared and fulfilled all the requirements…and told this will be announced soon….

8-23-2024 Newshound/Intel Guru BGG Article Quote: “Economic Achievements of Prime Minister Mohammed Al-Sudani – An Analysis of Non-Oil Revenue Growth in Iraq – 2022-2024″ Quote: “…Under the leadership of Prime Minister Mohammed Al-Sudani, Iraq has achieved significant growth in its non-oil revenues, rising from seven trillion Iraqi dinars to twenty-seven trillion dinars in two years. This remarkable increase indicates a strategic shift towards diversifying the economy and enhancing its stability.”

dinarguru.com