IRAQI DINAR GURU’S

Iraqi Dinar Guru opinions 1-8-2023

Iraqi Dinar Guru opinions 1-8-2023

1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: “…Vietnam has a very low rate and their economy is one of the fastest growing…” This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. Read more…

Iraqi Dinar Guru opinions 1-7-2023

Iraqi Dinar Guru opinions 1-7-2023

1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing – concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period…he’s got to do his job… Article: “A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank” Read more…

Iraqi Dinar Guru opinions 1-6-2023

Iraqi Dinar Guru opinions 1-6-2023

1-6-2023 Newshound/Intel Guru Mnt Goat Article: “FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES” Quote: “the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars…” They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers… Read more…

Iraqi Dinar Guru opinions 1-5-2023

Iraqi Dinar Guru opinions 1-5-2023

1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it’s borders and when it leaves its borders …not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%…until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established. Read more…

Iraqi Dinar Guru opinions 1-4-2023

Iraqi Dinar Guru opinions 1-4-2023

1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament… FRANK: That’s wonderful news…I believe what Sudani is telling you…The monetary reform is moving very very quickly… FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time – a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it… Read more…

Iraqi Dinar Guru opinions 1-3-2023

Iraqi Dinar Guru opinions 1-3-2023

1-3-2023 Guru Nader From The Mid East What Iraq is going through is not easy. You have to…go there and see it for yourself…don’t be scare, walk to the mosque…find an Iraq guy or lady…ask them yourself, say, ‘Hey what do you think about Iraq?’ They’re going to tell you it’s getting worse and worse by the day…it’s not getting better. Even with the sales of oil and private sector getting better…but the people has no money. Don’t believe people when they say they have stack of money in their homes. No, we don’t have them… Read more…

Iraqi Dinar Guru opinions 1-2-2023

Iraqi Dinar Guru opinions 1-2-2023

1-2-2023 Newshound Guru Clare Article: “What is meant by currency float? What are its advantages and disadvantages?” Quote: “There are millions of traders around the world buying and selling currencies…The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase…” Read more…

Iraqi Dinar Guru opinions 1-1-2023

Iraqi Dinar Guru opinions 1-1-2023

1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar…just my thoughts. Read more…

Iraqi Dinar Guru opinions 12-31-2022

Iraqi Dinar Guru opinions 12-31-2022

12-31-2022 Newshound/Intel Guru Mnt Goat Article: “WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?” This article is a VERY GOOD lesson in what it means to FLOAT a currency. …they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange…floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013…I ask, why now publish such an article? Read more…

Iraqi Dinar Guru opinions 12-30-2022

Iraqi Dinar Guru opinions 12-30-2022

12-30-2022 Intel Guru Frank26 Article: “Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons” THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM. Read more…

Iraqi Dinar Guru opinions 12-29-2022

Iraqi Dinar Guru opinions 12-29-2022

12-29-2022 Newshound/Intel Guru Mnt Goat We are told in an article…that the budget will be in parliament ready for review and vote in two weeks. …That pushes it to early January 2023 to begin the voting process. …So, sit back and hang on. The news is about to get really good…. Read more…

Iraqi Dinar Guru opinions 12-28-2022

Iraqi Dinar Guru opinions 12-28-2022

12-28-2022 Intel Guru Frank26 Article: “The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar” Notice all they talk about is the exchange rate…against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar…they are ready to move on the international level. This is huge…Are you catching the pattern? Do you see these articles…Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah. Read more…

Iraqi Dinar Guru opinions 12-27-2022

Iraqi Dinar Guru opinions 12-27-2022

12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. …This is all excellent news. Read more…

Iraqi Dinar Guru opinions 12-26-2022

Iraqi Dinar Guru opinions 12-26-2022

12-26-2022 Intel Guru Frank26 Article: “The Ministry of Finance begins checking the amounts within the current expenditures to include them in the budget” FINALIZING THE BUDGET WITH A NEW EXCHANGE RATE. Read more…

Iraqi Dinar Guru opinions 12-25-2022

Iraqi Dinar Guru opinions 12-25-2022

12-25-2022 Intel Guru Frank26 2003 – That was 20 years ago. Don’t you think, would it be fair, wouldn’t only be logical, could we assume that the Iraqi dinar has gone up in value? Especially with the massive attention everyone is giving Iraq right now under the table quietly? So .26 which is approximately $3.22 is Ok. Then it wouldn’t be too bad to consider .29 is $3.44 …Remember what Kuwait said to the IMF? You can help them with their monetary reform but don’t you dare let their currency be higher than our exchange rate…what is Kuwait’s exchange rate? Read more…

Iraqi Dinar Guru opinions 12-24-2022

Iraqi Dinar Guru opinions 12-24-2022

12-24-2022 Newshound/Intel Guru Mnt Goat …the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political…We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article …entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It…just about sums up this past year of turmoil in Iraq that finally ended in stability…the future is…extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar. Read more…

Iraqi Dinar Guru opinions 12-23-2022

Iraqi Dinar Guru opinions 12-23-2022

12-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is leaving a big trail. If we were on a hunting expedition it would be easy to read and follow these tracks. It would be easy to see they are in the middle of a major change to their banking structure – from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from… Read more…

Iraqi Dinar Guru opinions 12-22-2022

Iraqi Dinar Guru opinions 12-22-2022

12-22-2022 Intel Guru Bruce [via WiserNow] …redemption center staff had meetings…And yeah all the players are on the initial call, Treasury Secretary Minuchin – Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks…I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it’s quite high…remember…Dr. Shabibi of Iraqi’s central bank…when he spoke to the International Chamber of Commerce in Washington DC in 2012…and he gave that rate. We’ve…had confirmation that…the big screens had indeed exceeded that rate…This is going to be a life changing event for us. Read more…

Iraqi Dinar Guru opinions 12-21-2022

Iraqi Dinar Guru opinions 12-21-2022

12-21-2022 Intel Guru Frank26 Article: “Launching the first electronic platform for financial trading via the Internet” THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS… THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! …when it floats it’s ‘pairing’… What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket… Quote: “The online trading system for the shares of Iraqi joint-stock companies will be launched – for Go Life investors, starting from the session on Sunday 1/29/2023,” … that means it’s going to float. Read more…

Iraqi Dinar Guru opinions 12-20-2022

Iraqi Dinar Guru opinions 12-20-2022

12-20-2022 Intel Guru Frank26 Article: “New App allows Iraqis to trade US-Listed Stocks” INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS…behold…an app for the Iraqi citizens…so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don’t understand this you don’t belong in this investment…How come they haven’t been able to do that for the last 20 years? Because they’ve been on a program rate…I’m sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant…this is not for a program rate. This is for a powerful currency. Read more…