Iraqi Dinar Guru opinions 12-24-2020
Iraqi Dinar Guru opinions 12-24-2020
12-24-2020 Intel Guru Frank26 1450 is not a fake rate. Forex doesn’t care what they put on their site. They’re not responsible for you…They’re not responsible to educate you on what the true rate is.
12-24-2020 Intel Guru Bruce [via WiserNow] we do know – the Iraqi Dinar rate did change…I know there are Iraqi Americans in this country – that have brand new bank cards – with one computer chip in it…We know that there is a very good rate inherent in those new cards – and the rate is very very close – a little below – but not much – a little below what Dr Shabibbi said that the Iraqi Dinar could support…that statement he made all the way back at the National Chamber of Commerce meeting in Washington DC – and I believe that was in 2012…So 8 years ago the head of the Central Bank of Iraq at the time – made a claim on what the value of the Iraqi dinar rate could sustain – in US dollars – the rate that is on the cards right now is just about there…
12-23-2020 Intel Guru Bruce [via WiserNow] There were a handful of bankers that were doing some illegal things…it ends up that those 5 individuals were extricated from 2 main banks…So we were slowed down by this activity…this process is rolling out so very slowly…now I’m not so sure we’re going to get anything for us…in the way of notifications and the start of our exchanges – before Christmas…the information I have from 2 sources – are saying the information is – we are starting either the 1st or 2nd or the 3rd day after Christmas…we would take it all the way up to/through the 4th of January…it was the President’s goal – to get this out – at least get it started – before Christmas – now it looks doubtful…So everything is still on track – it’s just that the train has slowed down a little bit for us…
12-23-2020 Newshound Guru Jeff Article: “The Iraqi Council of Ministers approves the 2021 Budget” They told you it’ll take approximately 45 days for parliament to approve it and they told you it won’t be approved until February. Everything’s right on track. Their fiscal year starts April 1st that’s why the budget won’t be done until February sometime. Everything is right on track – moving in the right direction…
12-23-2020 Intel Guru MarkZ [via PDK] [What about the articles…that the Iraqi Dinar is a junk currency and basically useless?] This is the same playbook they used on the revaluation of Kuwait…. Days or weeks before the Kuwait RV it devalued…China in the 90’s before they revalued…they devalued…so I am excited to see those articles about the dinar coming out…we were told to expect them just before the revaluation or reinstatement of the dinar.
12-23-2020 Newshound Guru Pimpy Article: “The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars” We’re seeing an appreciation of the dinar. What I mean by that is they set the rate at 1 dollar for 1450 dinars. Already it went from 100 dollars for 145,000 to 140,000. That’s a 5,000 difference already. That’s not major but…it looks like it’s starting improve…let’s see if this stays consistent. Let’s see if the number of dinars continues to go down. That’s what we want to see…
12-23-2020 Intel Guru Frank26 There are many layers to what’s going on. Let’s start pealing them back one at a time. First of all this is going to get rid of speculation…this is very powerful this devaluation. It deters. It puts off whales and sharks. The devaluation is a one time movement for a reason. The reason is monetary reform. Did you notice in the last 3 days that this has come out none of the articles are saying this is permanent – This is the exchange rate forever and ever. No…It’s a monetary financial rate for another rate that is about to follow..
12-23-2020 Intel Guru Frank26 …IMO they are over trying to collect the 3 zero [notes]…they are determined to bing in more zeros. You can’t blame them. The more zeros they leave out there the more money they’re going to lose…this is a defensive posture of the CBI to discourage the onslaught of investors buying their currency at a program rate. They would much rather sell it to everybody after they have changed the rate…
12-23-2020 Newshound Guru Jeff They claimed they devalued their currency was because the dinar had devalued against the US dollar. Let’s look at the truth in this because I’m telling you Iraq’s lying to you…they’re telling you the dinar against the dollar is 1460 per dollar. Let’s look at Forex…It still tells you on Forex – 1190 dinar equal to 1 U.S. dollar…Forex doesn’t lie…this is just a further strategy for the [Iraq] government to squeeze the 3 zero notes out of the citizens. That’s exactly what this is…
12-23-2020 Intel Guru Footforward [1450 could mean a rate of 1.45 IQD to the dollar] …This isn’t financial or investment advice, and is my opinion. I expect the rate to be higher.
dinarguru.com
