Iraqi Dinar Guru opinions 10-18-2022
Iraqi Dinar Guru opinions 10-18-2022
10-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If soon we get one [government] seated the only thing left would be a rate change. All dots have been crossed and dotted if government formed. FRANK: The pressure from the UN and the international world allowed this to happen very quickly…
10-18-2022 Newshound Guru MilitiaMan Article: “Al-Sudani: Our government’s program has made poverty alleviation a priority” Poverty is a part of the US Chamber of Commerce’s Mission Statement. Well getting the HCL / Via Purchase Power will help alleviate that quickly… imo We have been seeing a lot about these meetings in Washington DC this last week and today is adding to the list of support that Iraq is going international. Lets keep an eye out for the WTO and see if they are still pushing for Iraq to be international and, “As soon as possible”.. imo.
10-18-2022 Newshound/Intel Guru RVAlready If the RV wasn’t needed, the UN wouldn’t have gone to the security council, and threatened drastic action… Iraq is sitting with the IMF right now, talking over implementation details.
10-17-2022 Intel Guru Frank26 Article: “The Central Bank of Iraq obtains an international certificate in cash management”. AGAIN THE INTERNATIONAL COMMUNITY AND THE CBI ARE ONE IN THEIR GOALS.
10-17-2022 Intel Guru MarkZ [via PDK] It’s been very quiet today…My bond folks…are being told this is absolutely, undoubtedly, hands down their week and they will be at home…100% liquidity of their funds… This is important. I have gotten this from a couple different bond sources now. They are being told this is not the wolf. (boy who cried wolf) that this is it…I will keep you posted as the week develops…as to what this means for us – timing wise.
10-17-2022 Newshound Guru Pimpy I know everybody wants some big huge increases [in the dinar rate]…you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar. Their foreign reserves are at all-time high. The money they’re generating from oil has seriously put them in a great position. And they’ve increased their gold reserves. All these steps are huge in protecting the value of your currency…the last thing you want to do is raise the rate up so high that your goods are too expensive to sell internationally and you can’t compete…
10-17-2022 Newshound Guru Clare Article: “Iraq tops the list of Arab countries with economic growth for 2022″ Quote: “Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April’s expectations, taking advantage of the rise in oil prices.”
10-17-2022 Guru Nader From The Mid East …The Iraqi dinar…it’s not ready to change…when the CBI is ready they come out and they say okay let’s change it and that’s it…When they feel like the economy is strong, the private sector is strong, they’re making more money than they’re making now, they change. You cannot change the rate if you don’t change your currency…So we wait when they’re gonna change the currency to smaller currency for it to go through…they talked about it a couple of months ago and then they didn’t say anything else. So we’ll see…
10-17-2022 Intel Guru Frank26 Questions: “Are there going to be private banks in the Untied States?” I said…the CBI has private banks all over the world. “Will I be able to go into one of those private banks here in the United States and cash my Iraqi dinars and leave them as Iraqi dinars? That’s a good question but you’re cheating. Banks that come in to do business in the United States have to follow the banking laws of the international world. No it won’t work that way…
10-17-2022 Intel Guru MarkZ [via PDK] Iraq is giving us all the news we need to let us know we are in a 2 week window. We are already into that 2 week window… This is important… They are giving us their timeline. The Sudani cabinet will be completed in less than 2 weeks. After months and months of stalemate- Iraq is finally making progress. We pray its sooner that 2 weeks…my bond people think it is.
10-17-2022 Newshound Guru Pimpy Yes I see they’re talking about a rate change happening. No I don’t think it’s going to be $18. No I don’t even think it’s gonna be $3. The first step most likely is going to be the reinstatement of the 1190 dinars and after that depending on the impact it has on the Iraqi people and the economy you can probably start seeing small jumps here and there over time…
10-17-2022 Newshound Guru Samson Article: “Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars” Quote: “Iraq has a financial abundance of more than 86 billion dollars and does not need aid, and thus Iraq’s economic strength has become very large, as Iraq, for the first time since the establishment of the Iraqi state until now, has financial abundance that neighboring countries do not possess,”
10-17-2022 Newshound Guru Kaperoni Iraq needs a government, a parliament that passes economic laws that encourage foreign investment. Only then with the success and growth of Iraq’s economy will the central bank allow the dinar to gradually rise over time.
10-17-2022 Newshound Guru MilitiaMan Article: “The Central Bank of Iraq participates in the annual meetings of the International Monetary Fund and the World Bank” …They are readying to get this country into an international environment for trade. The likes of the World Bank, International Monetary Fund, US Treasury, American Chamber of Commerce, etc… of late are all about moving forward and apparently finalizing necessary formalities…All items are looking to be in place now or at least well underway…A good thing…imo