Iraqi Dinar Guru opinions 11-24-2022
Iraqi Dinar Guru opinions 11-24-2022
11-24-2022 Newshound/Intel Guru Mnt Goat …the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them. Next the US Treasury is in Iraq briefing over 35 of the existing banks how to conduct their banking practices and “best practices” for the banking sector…So why are they cracking down so heavily now? …I am hearing from my CBI source that part of why the US Treasury is now in Iraq is also to review and implement measures for auditing the expenditures of the 2023 budget once it is opened.
11-24-2022 Newshound Guru Sandy Ingram Article: “Blaming Kurds for unrest, Iran threatens Iraq with offensive” Breaking news out of Iraq – Iran has made good on their threats. They have lit up Northern Iraq like a Christmas tree with drones and missiles…the United States condemns Iranian strikes in Northern Iraq…
11-23-2022 Intel Guru MarkZ [via PDK] I do have an interesting piece from a redemption center contact in Texas…not one of my usual ones. It was fun and might give us a clue. They are told that the “call center” part will be on call tomorrow. But not the “redemption center” itself…. I find this interesting because they were told they would be on a short “call in” or notice. And this was changed earlier today. So this is potentially exciting. Remember the rest of the world keeps operating even if we have Thanksgiving.
11-23-2022 Newshound Guru Samson Article “In numbers… an unprecedented value for Iraq’s foreign reserves” Quote “Iraq’s foreign reserves are the highest today in the country’s financial history, which amounted to nearly 90 billion dollars…the exported Iraqi currency also amounted to about 150%, meaning that every dinar is exported to Trading in the economy is now covered by foreign exchange one and a half times.”
11-23-2022 Intel Guru MarkZ [via PDK] Today the fact that Iraq is cleaning up corruption has now made it to main stream news. On AP (Associated press) “Auditors in Iraq uncover a staggering $2.5 billion tax fraud” This is an older story out of Iraq that is suddenly getting international attention. Maybe this is some of the smoke we need…just like we saw in Kuwait before they RV’d…
11-23-2022 Intel Guru Frank26 Banks around the world are getting ready to receive the 3-zero notes. Private banks around the world are already ready.
11-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] There was $800 million flowing per week out of Iraq from the CBI banks illegally. It was being done by the political thieves…money exchangers… Maliki… auctions…fake contacts or directly stealing it and not caring if they were caught. Only the CBI can supervise their banks and they have done a superior job. That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.
11-23-2022 Newshound Guru Kaperoni …Going to a bank to cash out. There will be very little if any banks that exchange the dinar if and when it ever becomes traded amongst banks. The reason is simple, most banks are conservative by nature…If and when Iraq ever diversifies their economy is in a position to float the dinar it will rise gradually over time. Therefore, you would never want to exchange at a bank you would probably want to engage with some type of currency broker or market maker watching it rise.
11-23-2022 Intel Guru Frank26 Article: “A source in the Central Bank: It is too early to trade 20,000 dinars and no old denomination will be withdrawn”. THE MONETARY REFORM TEACHING THE IRAQI CITIZENS MUCH MORE! THE CBI ADMITS THEY ARE GOING TO USE A 20K DINAR…IT’S ALREADY PRINTED…THE MONETARY REFORM EDUCATION AT ITS HIGHEST!
11-23-2022 Intel Guru MarkZ [via PDK] Here is the chatter I am hearing. DOD contacts are still very confident that this week that we are in right now is the week it happens. I have heard this from a couple of sources. I know they missed the 36 hour window on Monday …but they reassure me they are still working to get it done this week. I am still being told by my banking sources here that they absolutely will not work tomorrow. So realistically I believe we are looking at Friday at the earliest.
11-23-2022 Newshound Guru Samson Article: “Expectations of the dollar exchange rate in the 2023 budget” Quote: “The former director of the Office of Financial Supervision, Salah Nuri…There is no change in the exchange rate of the dollar in the 2023 budget, and this is the opinion of both the Ministry of Finance and the Central Bank.”
11-23-2022 Intel Guru Frank26 [Community Member bank experience Continued] …She says, ‘You will receive a certificate and the minute that the collections department is complete with your currency they will put the finances into your account is what they told me.’ Frank…is there another avenue? FRANK: I would much rather you tell that bank…’thank you manager and helping me but…with all due respect…what happens when you send those dinars to the other bank and they get stollen…or burned up and all my dinars are gone? …Where are you sending my dinars? What main branch are you taking them to? …thank you very much. That’s where I’m going to go.’ That’s what you should do IMO.
11-23-2022 Intel Guru MarkZ [via PDK] [I wonder Is it True that it is 4.81 in Iraq NOW? Could this be factual?] That is what we are hearing for the international rate. I am actually hearing $4.83. We simply won’t know until we get through the door. Does it make sense at that rate? Absolutely. Could it be? Absolutely.