IRAQI DINAR GURU’S

Iraqi Dinar Guru opinions 6-4-15

Iraqi Dinar Guru opinions 6-4-15

6-4-2015 Newshound/Intel Guru BGG [we going to see the 50k and 100k notes?] I doubt it even more now than before. CBI just got banks to agree to sell USD for 1193 (lowest number in a long, long time)…the last recorded auction was 289 mil… bigger than anything recent by 150 mil…so if they go along like this for a week or two (we’ll have to see how sales go) they will pull TRILLIONS of Dinar from circulation without having to introduce any new notes…the main thing they were after – and they can just use USD to do it… get the Dinar off the street before they have to buy it back…which – if you think about it – they keep this up for a bit – it’s a dead give-away. [hold off the RV while the CBI sells dollars to load up on Dinar – then RV and all that Dinar reserve shoots up in value overnight!] there you go. Read more…

Iraqi Dinar Guru opinions 6-3-15

Iraqi Dinar Guru opinions 6-3-15

6-3-2015 Intel Guru Frank26 [Guru] Top Shelf said that they have a PLAN! The Kurds are happy. They are changing the system… The timing of the MR coincides with the spreadsheet… VALUE …ASSETS…are coming. So why don’t they show us the rate? Because they don’t have too. They are disclosing “changes” not rates for you to see. The evidence is not lacking. Nobody knows when this is going to happen. The ISX…jumped all over the place last month. It paid. This is unusual. I’ve already told you that the zeros are dropped…they’re just not showing it yet. Dropped 1st week in March – we told you that already…because they got the green-light. When they got the green-light…ran with it…it just wasn’t ready for our eyes to see it yet. Read more…

Iraqi Dinar Guru opinions 6-2-15

Iraqi Dinar Guru opinions 6-2-15

6-2-2015 Intel Guru Delta Iraq needs the money…the oil prices…fighting DAASH…a lot of money is being spent. They need to sell bonds…move forward…they can’t do anything. They need to change the rate. They got the green light…they have to keep moving. The rate must change before they can release the lower denoms. They need the money right now. [The NATIONAL GUARD Law …IS THAT IMPORTANT do they need those laws to move forward?] No. They have the green light…they don’t need laws to RV. The CBI is independent. [ARE THE Qi CARDS SCANNING MACHINES IN THE MARKET PLACE?] the 1st generation machine are but the latest ones have not been activated yet. The system is hooked up…they’re just waiting for the new exchange rate. [DO YOU THINK WE WILL SEE BEFORE RAMADAN?] based on the info that they give us…all of the confirmations from bonds, Qi Cards, market economy…in my opinion…before Ramadan. It’s not a official holiday…business goes on as usual. The CBI can do whatever they want. We should see this before Ramadan…but I could be wrong. Read more…

Iraqi Dinar Guru opinions 6-1-15

Iraqi Dinar Guru opinions 6-1-15

6-1-2015 Newshound Guru Tlar The reason the CBI is planning for a more valuable series of bank notes is because this will help solve the liquidity problem because as these notes are introduced, the hope is that they will temporarily reduce the need for higher note USD that is principally being sold at the auctions. The CBI is scrambling to fix the liquidity problem but that will take time. Money has to work its way into the economy. They can’t just dump it in. Personally I think the program to produce these big notes is dead before it begins especially if it will take until 2016 to start to introduce them. Too little too late. They need to do something now and that something in my opinion is to get the RV into high gear now. We are starting to see articles from other economists that feel the same way. Introduce a smaller note with value. No good argument can be made for introducing a large note at this time. If someone is going to attempt to counterfeit a small note, surly they will also counterfeit a larger note with large value. Introducing a new note is still introducing a new note and counterfeiters are more likely to try to produce a big note. Personally I think it would make much more sense to just RV NOW, rather than wait until 2016 to introduce the large notes. I think that is what they will do. Read more…

Iraqi Dinar Guru opinions 5-31-15

Iraqi Dinar Guru opinions 5-31-15

5-31-2015 Newshound Guru Millionday THEY FORMED A GROUP TO MONITOR THE MONETARY POLICY LAUNCH AND ECONOIC REFORM AS WELL… Article quote: “it is deleted three zeros from Almtadolh currency now put metal and paper dinar parts, including (5, 10, 25, 50, 100, 250 and 500 fils)” THIS IS FROM LEADING ECONOMIST… HE IS ANNOUNCING THE NEW DENOMINATIONS THAT THEY WILL NEED TO USE. THE NEW CURRENCY THEY ARE TALKING ABOUT TO BE INTRODUCED NOW…ARE MUCH MORE SECURE THAN THOSE IN THE PAST AND THEY ARE SAYING MORE SECURE THAN OTHER COUNTRIES. […is this new currency printed and ready to go…?] THEY HAVE CURRENCY PRINTED… Read more…

Iraqi Dinar Guru opinions 5-30-15

Iraqi Dinar Guru opinions 5-30-15

5-30-2015 Newshound Guru Breitling [Article: In an important step to support the economy through monetary reform the central bank of Iraq plans to introduce bank notes with larger values than the ones in circulation…the market needs large value bank notes because dealing with the large blocks of money in Iraq is very difficult…this plan will reduce the amount of money especially large blocks and make up 90% of the money supply in circulation…the country is suffering from a contraction of liquidity in both dinar and dollars.] there are not enough dinars out there. Why? Because they have reduced the note count. There’s not enough dollars out there. Why? Because they are sucking in the dollars to put in their reserves. Here’s the part where people get confused every time… Read more…

Iraqi Dinar Guru opinions 5-29-15

Iraqi Dinar Guru opinions 5-29-15

5-29-2015 Intel Guru Frank26 Dr. S [Shabibi] got permission from the IMF…the green-light…he told them he needed security and “funding.” That funding was to just last them a month and this month is coming to an end. They are asking for more money … but I don’t think they’ll give it to them. Oil from Iraq will go global. Cities will be secured. Amazing technology being used …in Iraq right now. Our Teams are “cautiously optimistic” because the advancement has happened so fast! We are very impressed. Super high chance before Ramadan. Ramadan officially starts on the 18th of June. Read more…

Iraqi Dinar Guru opinions 5-28-15

Iraqi Dinar Guru opinions 5-28-15

5-28-2015 Intel/Newshound Guru Backdoc AFTER THE IRAQ WAR, NEW CURRENCY WAS PRINTED AND RELEASED. FROM THAT POINT OF RELEASE TO NOW, A JOURNEY OF DECREASING THE MONEY SUPPLY, OR REDUCING THE NOTE COUNT AS I LIKE TO SAY, OCCURRED. THIS WAS DONE IN IRAQ BY DOING CURRENCY AUCTIONS. THOSE AUCTIONS STILL EXIST IN SOME FASHION BUT THEY ARE HIDING THEM CAREFULLY…THEY SIMPLY SOLD DOLLARS AND TOOK DINAR IN PAYMENT FOR IT. Read more…

Iraqi Dinar Guru opinions 5-27-15

Iraqi Dinar Guru opinions 5-27-15

5-27-2015 Newshound/Intel Guru Top Shelf QUESTION – How much is a 25,000 dinar note worth right now at today’s exchange rate? ANSWER – around $23.00 USD. QUESTION – So two 25,000 notes equal…50,000 dinars…which would obviously be around $46.00 USD. …if they remove all of the 3 zero notes…if they came out with a new 50 dinar note…the old two 25k notes… would be equal to a 50,000 dinar note…would only be worth $46. So a new 50 dinar note…would be equal to a 50,000 dinar note…under the new structure. I’m not taking into consideration at all…any of the additional liquidity behind the dinar. This is what the CBI is saying with numbers. Numbers translate the same…no matter who (or what) it is. It’s a universal language…a language of numbers. A 50 dinar note…up and coming…is technically the same thing as a 50,000 note today – once you remove the 3 zeros. Read more…

Iraqi Dinar Guru opinions 5-26-15

Iraqi Dinar Guru opinions 5-26-15

5-26-2015 Intel Guru Delta It looks like the Parliament had a meeting with the leaders to pass 20 pending laws…they’re ready for voting. They’re going to accomplish this in the next 3 days. One of the most important is the investment law… The revaluation is to increase the rate and this law will help Iraq do that. Everyone knows that the CBI is coming out with the 50 and 100 dinar…still confusion that it’s a 50,000 and 100,000 but it’s not…it’s just the value. Abadi said this is what we need because we need the money supply, easier to carry around and something they don’t have to use like US dollars. It looks like the rate will change before they introduce the lower denominations and 24 – 48 hours we should see the lower denominations along with the 20 laws to pass this week and the activation for the private sectors we’ve been waiting for…the new rate is one of the anchors for the private sector and economy. Read more…

Iraqi Dinar Guru opinions 5-25-15

Iraqi Dinar Guru opinions 5-25-15

5-25-2015 Newshound/Intel Guru BGG [When the GOI orders the CBI to do something, such as drop the 3 zeros…how long should this take to be completed…this is what was ordered, correct?] We’re about to get a ring side seat to see this very set of circumstances play out. [so do you feel all the isis stuff will have no impact in the very very near future?] if it does – it may enhance our opportunity – if anything. THE GOI NEEDS MONEY JUST LIKE YOU AND I… without a currency shift they cannot meet their budget and they need all the extra money they can get ahold of to fight ISIS. Read more…

Iraqi Dinar Guru opinions 5-24-15

Iraqi Dinar Guru opinions 5-24-15

5-24-2015 Newshound Guru Millionday Article quote: “Your national team revealed preparing promotion of the private local and industry sector strategy, on Saturday, about the government’s intention to launch the strategy next week” [the ink looks like it is showing us the beginning of the revalue?] THE INK IS SHOWING US THE LAUNCH OF THE INTERNATIONAL BANKS — THE PREPARATION OF THE REDUCTION OF THE PARALLEL CURRENCY MARKET —THE LAUNCH OF THE INDUSTRY AND PRIVATE SECTOR — TAXES /CUSTOMS/PRODUCT PROTECTION/AND MARKET EXPORTING — AND THE MOVEMENT OF BUDGETED MONEY. ACCORDING TO REPORTS — ALL OF THIS IS PLANNED WITHIN THE NEXT WEEK… Read more…

Iraqi Dinar guru opinions 5-23-15

Iraqi Dinar guru opinions 5-23-15

5-23-2015 Newshound Guru Enorrste …the CBI NEVER intended to do an RV…we…know that the CBI would be foolish to even consider such an idea because it is financially impossible. The RV was never in the plan, ever. It was never in the cards at all! Therefore, to conclude, both the float and the introduction of the larger notes have always been in the plan. The introduction of the large notes will begin the process of bringing the street rate closer to the official rate (a good solution since the auctions are now off the table). The introduction of the large notes is imminent. It is also a part of the plan. Therefore the continuation of the plan is imminent as well. After the large notes are issued and the street rate begins to go back toward the official rate, AND, with the reduction in paper that the larger notes will effect, the completion of the plan, namely the change in the exchange rate regime, will be possible. …I am still cautiously optimistic that this could all get accomplished (start the float) before the end of the year, with the caveat that the security situation is a wild card. Read more…

Iraqi Dinar Guru opinions 5-22-15

Iraqi Dinar Guru opinions 5-22-15

5-22-2015 Newshound Guru Mailman17 I AM GONNA STICK MY NECK OUT HERE…BUT IF…I REPEAT IF…IRAQ COMES OUT WITH A FIFTY OR ONE HUNDRED THOUSAND NOTE TO REDUCE NOTE COUNT, JUST WHAT THE HECK WILL IRAQS USE TO BUY ANYTHING UNDER 46 SIX BUCKS LET ALONE 90…ARE THEY GONNA TAKE IN ALL THE 3 ZEROES AND REPLACE THEM WITH A CURRENCY NO ONE CAN USE…NOT…THAT IS WHY THIS IS NOT AND NEVER WAS AN OPTION…EVER. THAT WOULD BE LIKE HAVING A 500 OR ONE THOUSAND BILL REPLACE ALL THE 1, 5, 10, 20, 50 AND 100 DOLLAR NOTES HERE IN THE USA. THAT IS WHY THIS RUMOR SHOULD BE PUT TO REST. JMO. Read more…

Iraqi Dinar Guru opinions 5-21-15

Iraqi Dinar Guru opinions 5-21-15

5-21-2015 Intel Guru Delta Apparently the article that came out two or three weeks ago about the 50,000 and 100,000 dinar notes…a lot of people are getting confused about that. This article should make you EXCITED and ready to celebrate…give you the confirmation that we are very, very close. No doubt about it. Basically what the article is saying is the new currency that Iraq is going to come out…they will be able to trade/exchange it inside and outside of Iraq. That should make you very happy for so many reasons. …they are going to raise the value, Article 8, and lifting the 3 zeros. How are they going to do that (lifting the 3 zeros from the exchange rate?). The 25,000… 10,000…5,000…1,000… they are basically going to stay for a long, long time – until they phase them out! Read more…

Iraqi Dinar Guru opinions 5-20-15

Iraqi Dinar Guru opinions 5-20-15

5-20-2015 Newshound Guru Enorrste Article quote: “Iraq stands now on the brink of a deadly pit is the possibility of a storm economic disaster…” Iraq is not on the verge of bankruptcy. They have issues, but they also have options available to them. The reserves are among the highest in the world in relation to the money supply. The GOI is in control of salaries, and can adjust them downward as necessary. Oil production continues to grow. There are a lot of companies that are seriously looking into investing in Iraq in the short term (I did a google search and found plenty of them). Admittedly, there is no “quick fix.” The situation is difficult, but hardly out of control. Iraq is not going to “collapse”…It will weather the storm. Remember, growth last year was at about 9%. Just give these people some time and they will get the situation under control. No panic is called for. Read more…

Iraqi Dinar Guru opinions 5-19-15

Iraqi Dinar Guru opinions 5-19-15

5-19-2015 Newshound Guru Enorrste Article: “Iraqi Central Bank lends banks $ 5 billion at the request of Parliament” Quote: “Central Bank of Iraq has decided for the first time in its history, opening its vaults, and start lending sector and civil government banks the amount of $ 5 billion.” The plan has existed since 2007 and is still intact. Blips have occurred along the way numerous times. Saleh was arrested; Shabibi had to leave the country; Maliki was a serious setback; Turki was a fool. In addition to that, Iraq moves at a snail’s pace. HOWEVER, and this is very important, the long view is very solid. The CBI is clearly on record with a GOAL that is consistent with the character of the country. No small “blip” is going to change that, and no single event is going to change the “plan”. We saw [some] freak out with the announcement of the introduction of the larger notes (50 and 100k) only to find out that Saleh had talked about it 4 years ago, AS PART OF THE PLAN! Read more…

Iraqi Dinar Guru opinions 5-18-15

Iraqi Dinar Guru opinions 5-18-15

5-18-2015 Newshound Guru wmawhite …the CBI has told us that the note count has continued to be reduced. And why reduce the note count? It is like any other commodity on the market…when there is less of something that is needed by the consumer…it becomes more valuable. It is easy to confuse subjects: currency on the street with the eventual increase in the value of the IQD outside of Iraq. …when we see articles about the currency, amount of currency, with zeros, without zeros…this is about what notes the citizens will have in hand. They are not speaking about the international exchange rate of the IQD. However, those subjects are influenced by the eventual increase in the value of the IQD…for example, how does a IQD notes become more value to a citizen in Baghdad? Not just because someone says it is…instead, by it buying more. And how does that happen? By it becoming more value outside of Iraq…where the Iraqis purchase 90% of their goods. Read more…

Iraqi Dinar Guru opinions 5-17-15

Iraqi Dinar Guru opinions 5-17-15

5-17-2015 Newshound Guru Millionday Article quotes: “Rafidain Bank announced on Saturday the launch of MasterCard exchange service for the salaries of retirees who are outside the country.” THEY HAVE ANNOUNCED THE LAUNCH AND THIS IS FOR OUT OF IRAQ AND WITHIN IRAQ — TO BE USED IN ATMS. [What about a rate?] THE REPORT TELLS US THAT IF THE PERSON THAT HOLDS THE MASTER CARD GOES TO THE ATM — THEY WILL RECEIVE THE AMOUNT OF THE COUNTRY THEY ARE IN SO IT WILL BE WHATEVER THE EQUAL AMOUNT IS. [any timeframe yet on activation?] THE BANK HAS STATED THEY HAVE LAUNCHED THE MASTERCARDS SO WHEN THEY ARE ACTIVE HAS NOT BEEN STATED OR IT COULD MEAN THE SAME. Read more…

Iraqi Dinar Guru opinions 5-16-15

Iraqi Dinar Guru opinions 5-16-15

5-16-2015 Newshound Guru Breitling Let’s talk about the 50k and the 100K note. Here’s the reality…this was talked about 3 or 4 years ago so much. Back in those days they hadn’t started getting rid of the notes out of the market yet. So if they came out with a 50K note that would have meant they were ADDING note to the market and it wasn’t going to revalue if they added those note but NOW they are getting rid of the notes. What is different now? The articles are saying they are being used in conjunction to reduce the note count itself. They are reducing the note count but the pace is completely different. Will it put a ceiling on what you and I can make? Yes it will…what is that ceiling? I don’t know. Read more…