Iraqi Dinar Guru opinions 1-11-2023
Iraqi Dinar Guru opinions 1-11-2023
1-11-2024 Intel Guru Frank26 These institutions [WTO etc] want Iraq to join them because they know Iraq is about to go into a float state. Let’s look for 1 to 1200, 1 to 1,000, 1 to 1. Let’s look for a change that is dramatic enough for it to be allowed to be released into the international theater. Within the next 5 days I’m very curious to see what the exchange rate will be after the 15th. Very curious to see if they’re going to leave it at at penny stocks or are we improving?
1-11-2024 Intel Guru Bruce [via WiserNow] …the the leaders of…redemption centers, the bank managers all put in their access codes. And now all they were waiting for is some form of return that gives them the green light from Treasury to proceed…Now it’s up to Treasury…to get the green light placed for everything to begin… we’ll see what develops over the next couple of days.
1-11-2024 Newshound/Intel Guru Mnt Goat There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm.
1-10-2024 Intel Guru MarkZ [via PDK] Question: I am hearing dinar $3.81 and dong .47…is that what you are hearing? MarkZ: That’s not what I am hearing but I would be ok with it. That would still be fantastic. But I am hearing higher rates than that.
1-10-2024 Newshound Guru Pimpy I never said there was an official 12 to 1 exchange rate. What I said was I thought it was interesting that in that article they even considered revisiting the 12 to 1 exchange rate policy in the year 2026…It says they’re revisiting the 12 to 1 exchange rate policy and they’re going to do it the beginning of 2026. I didn’t make that up, nor did I say they were going to go to 12 to 1. I was explaining to you what the 12 to 1 exchange rate policy is.
1-10-2024 Intel Guru Frank26 Question “Are redemption centers at a bank or elsewhere?” I’m going to a bank. You can find redemption centers in a lot of places. Some large credit unions might do it. Go to an airport, they have those kiosks and try there if you want. You’re not going to get a good exchange rate IMO if you go to those places. Go to a large bank. Don’t go to the mom and pop bank either…
1-10-2024 Newshound Guru Clare Article “With wide local and international participation.. Baghdad Exhibition opens its 47th session today” Quote “…with the participation of 850 different companies from 20 countries…the exhibition will last for 10 days, starting today and ending on the 19th of this month…”
1-10-2024 Newshound Guru Jeff You’ll notice as they have finished those elections, they’re now hitting the ground running. The ball’s rolling and everything is now starting to move forward to prepare for the revaluation …That is why you are seeing the aggressive forward movement that you are.
1-10-2024 Newshound Guru Samson Article: “We are not planning to withdraw currently.” The Pentagon: We are not aware of notification from Baghdad of a decision to withdraw American forces”
1-10-2024 Newshound Guru Militia Man The oil & gas law is a very important and is considered to be integral to the citizens needs and the economic development of the country. They stop short of telling us what came of the oil & gas law today. Why? …One reason would be that there is exchange rate sensitivity with respect to the law…An exchange rate to be one that is stronger than the dollar (Per Al-Sudani) will help largely in that regard. So, yesterday they were focusing on the importance of this law and with urgency. A very good sign!!!
1-10-2024 Newshound/Intel Guru Walkingstick [Aki – Iraq Bank owner in US update] Question: “The new orders you got on January 1st, are they for you to dispense the lower denoms and collect 3 zero notes?” Here in the Untied States we are preparing to do everything with electronic platforms…We are prepared to collect the 3 zero notes from those that wish to exchange them for American dollars…We follow International banking laws, the same laws American banks follow. Here in the United States the bank that I am in charge of will be all electronic.
1-10-2024 Newshound/Intel Guru Walkingstick When you ask about the LDs they are only found in Iraq. We do not possess them. Iraq will give to the Iraqi citizens, when the time comes, physical lower notes and coins and collect three zero notes…The difference is that here in the US I have to do everything electronic where my friends in Iraq, their banks can do it electronic or physically if they want the lower denoms and coins in their hands.
1-10-2024 Intel Guru MarkZ [via PDK] Iraqs stock market is up 90% in valuation based on the US dollar…and they continuously talk about the exchange rate and what their market is going to look like after a change in the exchange rate. They are telling us its coming and that they will address it in their first parliamentary session. And that session has just started. Positive stuff.
1-10-2024 Newshound Guru Pimpy I’ve heard so many [gurus] talk about – according to the IMF Iraq needs to be within 2% between the parallel rate and their official exchange rate. No that’s not right…To maintain stability Iraq needs to maintain a narrow spread, that’s the gap between the official exchange rate and the black market. Generally a spread of less than 5% is considered acceptable. Not 2%, 5%. A spread more than 10% is considered a significant risk to the economy. Iraq is going to have to shoot for between 5 and 10%. They want to be less than 10. It’d be idealistic if they can get around 5…
1-10-2024 Intel Guru Frank26 What have the articles been telling us? That the Iraqi dinar and the American dollar are divorcing by mechanisms…It’s causing the American dollar to go down…just in one week 150 to 140 to… 135. The value of the Iraqi dinar is going up as the American dollar inside of Iraq is being put away…it’s not in the picture anymore.
1-10-2024 Newshound/Intel Guru Mnt Goat Article: “SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS
SOON” If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today.
1-10-2024 Intel Guru MarkZ [via PDK] “Getting Vietnam off the money laundering Gray list” …the UK seems worried that someone may filter money through Vietnam. And artificially lower their rates to take advantage of trade imbalances. Europe and the US believe Vietnam should have a higher currency rate. What does this tell you? That your investment with Vietnamese currency should be worth more money than it is. Comment: I heard the dong may rv at .47 cents? MarkZ: .47 cents would be fantastic…but, I think it will be more than that… I am still hearing the low $2 range…and bankers think it’s higher than that.
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