Iraqi Dinar Guru opinions 1-5-2021
Iraqi Dinar Guru opinions 1-5-2021
1-5-2021 Intel Guru Austin-Powers-For-PM Next two weeks are huge. They need to finish collecting as many 3-zero notes as possible and hit a “Sweet Spot” before releasing the New Small Category Notes and releasing the rate.
1-5-2021 Intel Guru Footforward Don’t be surprised if they devalue again to try and get those notes in faster.
1-5-2021 Newshound/Intel Guru Mnt Goat The CBI does not tell you everything. What they do is take measures and countermeasures to ensure the overall plan of the project to delete the zeros can be carried out. …The CBI and GOI had to work together to find a way to get these notes off the streets. By the devaluation of the dinar, it is causing the citizens to exchange their long, sought after dinars into dollars. Why not if the dollar can buy more? Also, some banks in Iraq are offering up to 5-7% annual interest on a two year locked-in saving account. WOW! Now tell me why they would do this if the currency was going to crash?
1-4-2021 Newshound Guru Jeff Article: “Kurdistan Finance Minster announces “illegal” salary cuts for more than 10,000 people” They’re still talking about reforms for the fiscal year 2020. Their reforms are scheduled and are to start in the fiscal year 2020. They’re telling you right here that you’re still in the 4th quarter of the fiscal year of 2020…
1-4-2021 Newshound Guru Pimpy Article: “The dollar is dropping in Iraq” The dollar is dropping in Iraq. That’s good. That’s what you want to see happen. If the dollar value is dropping against the dinar that means what? The dinar value is going up…this is based on the market’s response to the dinar…
1-4-2021 Intel Guru MarkZ I expected way more news over the weekend then we got…There are rumors that the Wanta-Reagan-Mitterand funds have been put in place. Just not released…These funds are real…do some research…if these funds are positioned for release…that is a good sign…that tells us we are close to a reset. There are a number of articles about many countries moving toward an economic reset…this lets us know we are getting close and moving toward the final days.
1-4-2021 Newshound Guru Jeff Article: “The Central bank’s sales of dollar are falling to the lowest level”. This is what I told you guys we were looking for for the rate change. You guys are officially in the season for the rate change…they do have to change the rate by the end of March.
1-4-2021 Newshound Guru Pimpy …they’re already complaining now about the fact that the Iraqi dinar needs to be revalued after they just devalued it…when they revalue it they’re only talking about coming up just a little bit more. They’re going to do it in increments…my guess is you’re going to see them go in increments. IMO…every six months or so you’re going to start seeing increases in the value of the dinar. Not decreases. It’s not going to go crazy. It’s not going to be some huge RV. Although that doesn’t mean it won’t happen. I’m just saying IMO that it would go up in increments…This is a good start. We like to see this…
1-4-2021 Newshound Guru Jeff I know there were a fair amount of people that were hopeful that the rate would change December/January because they were under the impression that Iraq’s fiscal year was started January 1st. We haven’t seen the rate change yet…On December 20th they devalued the currency. If they had plans to change the rate in January, devaluing the currency at the end of December would not have served a purpose…the reason why they devalued the currency on December 20th was because they need 90 days to reduce the dinar note count and squeeze more dinar out of the citizens. They need 90 days to do that…Iraq’s fiscal year starts April 1st…
1-4-2021 Newshound/Intel Guru Mnt Goat Article: “PARLIAMENTARY FINANCE: RAISING THE PRICE OF THE DOLLAR WAS DIRECTED BY THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK AND WITH THE KNOWLEDGE OF POLITICAL BLOCS, NOT THE GOVERNMENT.” the devaluation is a temporary solution, if you can even call it that. It will blow up in their faces, if they don’t now do the project to delete the zeros and reinstate. There is no turning back…
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