Iraqi Dinar Guru opinions 2-11-2024
Iraqi Dinar Guru opinions 2-11-2024
2-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes…He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn’t increasing. He said if the CBI didn’t come out with these lower notes the monetary reforms would be a disaster. He said that’s why we need a change in our rate…
2-11-2024 Intel Guru Goldilocks Article: “Vietnam’s Rise as a Global Manufacturing Hub in the Era of Resilience and ESG Compliance” Quote: “Vietnam’s cost-competitive manufacturing capabilities, expanding consumer market, and supportive policies make it an attractive destination for foreign investment. Despite challenges, Vietnam is well-positioned to capitalize on this trend and cement its position as a key player in the global economy.”
2-11-2024 Guest Guru Zester Here is a little news: “Iraq revokes Iran’s bank Melli operation license” This article is interesting because of what is mentioned in it… That there are many banks in Iraq that are banned from participating in the daily US dollar auctions held by the CBI…to stop the smuggling of US dollars to Iran and that Iraq has reserves of over $100 Billion dollars held in the United States. From Rueters.
2-10-2024 Newshound Guru Pimpy I absolutely positively believe the Middle East is going to be prosperous. I absolutely believe the dinar is going to be a huge part of that…
2-10-2024 Newshound Guru Militia Man What I like about the Iraqi dinar…is there’s progress and there’s been progress…The bottom line is ever since Al-Sudani has taken the helm…things have progressed immensely.
2-10-2024 Intel Guru Frank26 The next phase is the most difficult…most dangerous phase…You need a team…You realize how Earth shattering decision you’re going to make in front of strangers that you don’t know. That’s why I told you to create your team. If you don’t have the energy, desire, strength, will, knowledge to create a team right now don’t worry about it, when the blessing occurs they’ll be looking for you. You must make the proper decision on who is going to help you. These are powerful decision that you have to make with your team because it’ll affect you, your children’s children’s future.
2-10-2024 Newshound Guru Clare Article: “Advisor to the Prime Minister: Iraq today has the highest levels of foreign reserves in its financial history”
2-10-2024 Intel Guru MarkZ [via PDK] I got some great stuff…this morning about groups in Reno and expectations of an announcement that…could happen early this week. This certainly fits with what my banking contacts are saying. I expect updates mid day on Monday. I will keep an ear out because there is a sudden flurry of activity on the Reno side.
2-10-2024 Newshound Guru Pimpy I’ve heard this story a zillion times – It [the Iraqi dinar] used to be $3.22 so if you adjust for inflation it’s going to be much higher. If that was the case do you understand how much higher the Kuwait dinar would be? It’s around the same as it was 7, 8, 10, 20 years ago. You don’t see them go, ‘Hey this year we raised a whole other dollar because of inflation.’ No. That’s just ridiculous. I’ve heard that all before. It’s not adjusted based on inflation…There is no currency exchange out there right now that you can find that’s even remotely close to $4 let alone $7…
2-10-2024 Newshound Guru Militia Man Article quote: “The World Bank praises electronic payment systems in Iraq the best in the region.” So they’re praising Iraq as being the best in the region… Article quote: “The infrastructure of the electronic payday system and software systems in Iraq is among the best systems in the region according to the Iraqi central bank”
2-10-2024 Intel Guru Bruce [via WiserNow] I know that there are rates on the bank screen I know that they should be locked in. …We should also have rates on redemption center screens, which is the better way to go…you should be absolutely thrilled with the rates that are available for all of our currencies.
2-10-2024 Intel Guru Frank26 We’re in the Venturi effect (a narrow opening and you’re trying to squeeze a lot through it). You know how you put your finger on a hose and you can squirt it much further? That’s the Venturi effect. We’re having a Venturi effect with intel.