Iraqi Dinar Guru opinions 1-17-2024

Iraqi Dinar Guru opinions 1-17-2024

1-17-2024 Newshound Guru Militia Man Article quote: “We completed in one year the equivalent of more than 15 years of work…” The delegation has been working with Iraq to have an ascension to the WTO. They’re telling you they did the equivalent of 15 years worth of work in one year…It’s flat out knock your socks off good information. It’s not me making it up, not anybody else making this stuff up. This is what they’re giving to us to share with you…

1-17-2024 Newshound Guru Clare Article: “The House of Representatives discusses the latest requirements for Iraq’s accession to the World Trade Organization” Quote: “… Iraq has completed all the requirements for joining the World Trade Organization in 2023, and only legislation remains.”

1-17-2024 Intel Guru MarkZ [via PDK] Article: “Al Sudani arrives in Davos to push the “Development and Road Agenda” He is pushing to be international in world trade.

1-17-2024 Newshound/Intel Guru Mnt Goat The news…could not get any better. I know we all await news of the accession of Iraq to the WTO. Many have asked if Iraq has already completed the accession process. I will tell you they have completed it and we are waiting for the announcement of full accession but there is some legislation requirements that must be met first. Why is the WTO important for our investment in the dinar? It is important because Iraq will need an international currency in order to trade with the international markets.

1-16-2024 Intel Guru Frank26 Notice articles this week are focusing on the monetary reform education, which is about the currency, lower denoms, new exchange rate, accounting, banking reform, everything. It’s all being unloaded onto the citizens of Iraq…Let’s be fair, they’re just getting started. Let’s see what happens this quarter…

1-16-2024 Newshound Guru Militia Man It’s a numbers game and – the project to delete the three zeros, off of what? Monetary transactions or we can say off the exchange rate…That’s a key important thing. Do the math on it…

1-16-2024 Intel Guru MarkZ [via PDK] Article: “Liberation of the dinar from the official rate: Obstacles and Solutions” They are again talking about the need to increase the value and adjust all the mechanisms to do so. They talk about killing the black market because the markets will determine the new rate.

1-16-2024 Newshound/Intel Guru Walkingstick They are now in Davos… Iraq’s monetary reform is a hot topic because Iraq’s monetary reform is restoring confidence in the Middle East…These conferences are only by invitation only. To see Iraq there and to be the star at the Davos meeting tells us Iraq is no longer with a program rate. It is an impossibility…

1-16-2024 Newshound Guru Sandy Ingram There are 4 major reasons Kuwait, Iraq’s next-door neighbor has the strongest currency in the world…Kuwait dinar is $3.36… 1. Major exporter of oil. Kuwait is estimated to hold 10% of the world’s oil reserves. The tiny country has a population of 4.3 million people vs Iraq who has approximately 43 million people and a lot more oil than Kuwait. 2. Kuwait has an excellent reinvestment of oil revenue. Kuwait uses its oil revenue to build infrastructure and develop microeconomic sectors to increase its GDP.

1-16-2024 Newshound Guru Sandy Ingram 3. Kuwait is tax free. Being a tax-free country enables the GDP to be higher and it just makes everyone happier not to have to pay taxes. Since May of 2007 the Kuwaiti dinar (KWD) is pegged to an undisclosed basket of currencies… 4. This is good news for some of you and not good news for others…Kuwaiti currency is scarce. It is very difficult to get your hands on a Kuwaiti dinar unless you are inside of the country…Being scarce when it comes to currency is a good thing.

1-16-2024 Newshound Guru Pimpy If I’m being honest I’m expecting a small increase in the exchange rate in this budget. I told you in the first quarter of this year I was expecting it. But the last thing you need is all these headaches with bombings in Iraq and all the crap that’s going on all the way around them…

1-16-2024 Intel Guru Frank26 Article: “Instructions and standards for the circulation and exchange of banknotes and counting and sorting mechanisms” FINALLY… WHAT WE CALLED THE 2ND ARTICLE FOR THE CBI TO THE IRAQI CITIZENS!

1-16-2024 Intel Guru MarkZ [via PDK] There is a lot of news out of Iraq. According to the Iraqi press they are working hard on a change of value and deleting of the zeros. Deleting the zeros does not mean just take the zeros off…it means the dinar gains so much strength that you cannot use the bills with the 3 zeros on it… This is good news for us.

1-16-2024 Newshound Guru Militia Man Article: “Iraq returns to the World Trade Organization 14 years after its expulsion” They didn’t finish fifteen years of work in one year to not have accession. The development road and sustainable development projects are only just beginning. Iraq as we have been noting here has been setting the stage for entering the international financial system. We are a part of and watching history in the making!! This is truly an amazing article…

1-16-2024 Newshound/Intel Guru Walkingstick Movements before they release the lower denoms and new exchange rate we expected to see this… December was to have everything ready in place to go. January all these systems are being implemented through the monetary reform education. From private banks like the one Aki [Iraqi bank friend] represents to international markets as of today January 15, 2024 they’re all international now. It’s what we expected…there’s not more to say…because everything now is in print…

1-16-2024 Newshound/Intel Guru Mnt Goat NO, the RV did not yet happen! But we all should know the process is in motion. How can anyone deny it when we look at all the progress made in 2023 on currency reform. The dinar and dollar crisis filled the headlines every day.

1-16-2024 Intel Guru MarkZ [via PDK] Iraq needs the official rate to be close to the trading rate. They can fix this. Saleh and others are suggesting they let the economy figure the rate out and no longer have an official fixed rate. If the market decides that would remove the black market completely…This is similar to conversations Kuwait was having just before they RV’d and had a release in value. These are steps we have seen before in past currency revaluations. They have been doing this for quite some time…they are just now starting to tell us about it.

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