Iraqi Dinar Guru opinions 10-7-2024
Iraqi Dinar Guru opinions 10-7-2024
10-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about what will happen once the currency auctions are stopped. They are talking about Iraq has a process to develop the infrastructure, this will protect us and give more security and stability to our currency through the CBI. FRANK: This is all part of the monetary reform education to you. When they stop those auctions it will completely freeze Iran from stealing and the corruption…and will open the door wide open for a new exchange rate and your lower notes…
10-7-2024 Intel Guru MarkZ [via PDK] “Al Rafidain: More the 4 Trillion dinars electronic collection amounts for government departments” this is a marked improvement to the government…a big increase in revenue from getting rid of graft and inefficiency by using electronic systems. They are very much streamlining their government. This has made a massive difference in stability in Iraq.
10-7-2024 Newshound Guru Clare Article: “Al-Sudani sends a message to the US President: We are on the verge of a dangerous slide” Quote: “Iraqi Prime Minister Mohammed Shia al-Sudani said in a letter addressed to US President Joe Biden and the European Union countries, on Sunday, that the region is on the verge of a dangerous slide that could drag it and the world into ongoing wars.”
10-6-2024 Newshound Guru Militia Man If you add up the oil, non-oil, tourism, all of the thing that’s where they’re going to be able to support the value of their exchange rate with a Real Effective Exchange Rate – Once approved by the IMF, Bank of International Settlements, The World Bank…This is really getting hot!
10-6-2024 Intel Guru Frank26 I suggested if you had a receipt and you’ve had your currency for more than a year, you’ll be in the 15% to 20% tax bracket. Oh, but if you don’t have a receipt or if you try to exchange your currency before…one year of you having it, you’ll probably be in the 40% range…IMO [Note: Consult with your financial and tax advisors at the appropriate time to determine the right taxes of exchange for your unique circumstances]
10-6-2024 Newshound Guru Kaperoni Article: “International Praise for the Central Bank of Iraq: A Model for Developing Strategies that Serve the Development of the Banking Sector”
10-6-2024 Newshound Guru Pimpy Article: “Customs: Our revenues during 7 months of this year exceeded one trillion dinars” This is awesome to see! The crazy thing is, I remember in 2018-2019 this was one of those problem areas for Iraq. There was a lot of illegal activities, a lot of bribing going on… Quote “the authorities hope the revenues will reach 2 trillion by the end of this year…” That’s one hell of an increase…
10-6-2024 Newshound Guru Sandy Ingram As of August 2024 the United States debt is $25 Trillion. Income taxes…by the end of the year the US will have collected $5 Trillion. The US government will spend $6.3 Trillion this year. This means the government has overspent by around $1.9 trillion dollars. The US is off budget…The government cannot lower its annual budget. It will more than likely pursue higher inflation and we will have to survive this financial situation… The Untied States hold 35 billion Iraqi dinars. An increase in value of the IQD will go a long way in paying down the US national debt…
10-6-2024 Intel Guru RayRens98 [via Babysmom] WAITING TO HEAR WHAT HAPPENS WHEN THE MARKET OPENS AT 5PM EST TODAY, HEARING INFO FROM BAGHDAD (FROM MOSQUES) ABOUT POSSIBLE RATE CHANGES, WAITING TO GET CONFIRMATION.
10-6-2024 Newshound Guru Militia Man World Bank Article: “Iraq has made progress in improving their business environment making it globally competitive” The World Bank is telling you, the world, Iraq is globally competitive so they’re going to have to be Article VIII, Article XIV compliant with the IMF’s concerns when it comes to their exchange rate. Is this a precursor to a move? It sounds like it.
10-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We seeing in TV a special report show saying what if 1000 dinars became 1 dinar. They talking about deleting the zeros again. They’ve been showing this all day. They just repeat it over and over again. And they’re saying it’s all tied to the reforms. They talk about all the good and some of the bad…We never seen them talk like this before. FRANK: These are the commercials we talked to you about that were going to be educating you on the purchasing power…They are telling you they lifted 3 zeros from the exchange rate in order for that 1,000 note to become a 1 note…They are not lifting the 3 zeros from your physical cash.
10-6-2024 Intel Guru MarkZ [via PDK] …Chase always saying they have nothing to do with Iraq…but in the meantime they are opening 10 branches in Iraq while working with them to update their banking system.
10-6-2024 Newshound/Intel Guru Mnt Goat I was also told to watch for yet more articles in the news about the project to delete the zeros but to be aware that ONLY the ones coming from her committee on this subject matter can be trusted. As you know my contact works on the committee from the Central Bank and it has been given the task of ensuring a smooth process. I was also told
that in late November or early December we will see the newer lower denominations and their pictures and features depicted on the CBI site. The ending of the currency auctions at the end of 2024 will also be signal to us that everything is moving correctly and we should see the IQD returned or reinstated back to FOREX in early 2025.
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