Iraqi Dinar Guru opinions 12-21-2022
Iraqi Dinar Guru opinions 12-21-2022
12-21-2022 Intel Guru Frank26 Article: “Launching the first electronic platform for financial trading via the Internet” THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS… THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! …when it floats it’s ‘pairing’… What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket… Quote: “The online trading system for the shares of Iraqi joint-stock companies will be launched – for Go Life investors, starting from the session on Sunday 1/29/2023,” … that means it’s going to float.
12-20-2022 Newshound Guru Pimpy We know Iraq was using $1 to $1.5 billion dollars of oils sales per month to purchase Iraqi dinars off the open market. We heard about that a long time ago so there’s no way to actually know how much currency is out there in circulation. We only hear about the amount that was made…We know ISIS came in and stole a bunch of it…we know recently the so called ‘theft of the century’ happened. There’s no doubt what’s going to happen. They’re going to have to redenominate the money because they don’t know where the money is and that’s what I’m waiting for to happen.
12-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] To see the CBI have constant daily meetings, more than one meeting per day is a very good thing. These meetings were not as common as they are now. They were not as acute as they are now. Yeah…to see the CBI have these constant meetings on a daily basis is very good…you have to wait for the articles to catch up with these CBI meetings…these meetings will lead to the 2023 budget and to the new exchange rate of the Iraqi dinar…
12-20-2022 Newshound Guru Paulette I am excited that we may be within a few weeks of actually finally seeing the “restructure” that we have all been waiting for…
12-20-2022 Newshound Guru Pimpy I think once the hydrocarbon law is signed that’s a biggie. We know the Kurdistan Regional government has been sending people from Erbil over to Baghdad to try to iron this thing out. Once that is done I can’t think of any other things out there keeping the restrictions on Iraq’s currency outside of the fact that their banks continue to have issues with money laundering…The remedy for that is to redenominate the Iraqi currency, make new ones and while you’re at it go ahead and delete the zeros. That kills two birds with one stone. Then you’ll see the rate increase in increments…
12-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Erbil is back. They’re talking to Baghdad. It’s all about the HCL. They want their money…we await a final agreement on the HCL law. FRANK: The article 140 was signed/accepted. Article 140 is separate from the HCL but they work together…the HCL is already agreed upon and it was activated because of article 140. It will be in the budget… FIREFLY: There is still a sticking point on the HCL but it’s a positive direction… FRANK: It’s a very positive direction because the HCL is what’s going to allow you guys to go international.
12-20-2022 Newshound Guru Kaperoni Interesting article today the Iraqi Stock Exchange announced the launch of an Internet trading system with a private based company to allow investors to buy/sell in the Iraqi stock market. This is really critical for Iraq to open their private sector market economy and develop their Capital Market. A means to bring lots of money into Iraq.
12-20-2022 Newshound Guru Kaperoni This will also help I believe in price discovery when they decide to float the currency…if and when the Iraqi dinar floats it will be based on the economic success and growth of the economy… The launch of this online trading system goes into effect on January 29th, 2023. This is another critical part…as the new prime minister is attempting to activate and diversify their economy.
12-20-2022 Newshound Guru Pimpy There’s a list Iraq must complete before they have their restrictions removed. They still have restrictions. Can you walk down right now to your bank…and buy and sell Iraqi dinar? I think Chase Bank is the only one that does that.
12-20-2022 Intel Guru Frank26 Article: “New App allows Iraqis to trade US-Listed Stocks” INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS…behold…an app for the Iraqi citizens…so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don’t understand this you don’t belong in this investment…How come they haven’t been able to do that for the last 20 years? Because they’ve been on a program rate…I’m sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant…this is not for a program rate. This is for a powerful currency.
12-20-2022 Newshound Guru CharlieOK The [Vietnam] dong traded at over 2 bucks in the ’50s. If there is any country that should try to force an RV before another, it should be VN. Stable country with a manufacturing base and lots of natural resources… The country of VN was involved in warfare from the latter ’50s through the early ’70s. Since then, VN has rebuilt the country with a diversified economy. It has natural resources and has a manufacturing base. Actually, VN shows what a fiasco Iraq now is. Even so, it appears that what we hope for might just be upon us…
12-20-2022 Newshound Guru Clare Article: “The National Bank of Iraq gets an advanced rating in Moody’s at B3 and Caa1″ Quote: “Managing Director of the National Bank of Iraq, Ayman Abu Dahim, confirmed, saying: We are very pleased that the National Bank of Iraq obtained for the first time a credit rating by Moody’s Investors Services, as this reflects a very positive outcome…and we are We are certain that this rating will rise in the future as we continue to implement strategies and plans to expand our business…”