Iraqi Dinar Guru opinions 2-14-2024
Iraqi Dinar Guru opinions 2-14-2024
2-14-2024 Newshound/Intel Guru Mnt Goat I can tell you there is only going to be one more final adjustment to the IQD rate inside the country of Iraq from the 1320 close to 1000 or less (1 dinar = 1 USD) (must be just over $1). At this time, the CBI will kick off the Project to Delete the Zeros. Did this happen yet? NO! It has not but we can see that the official rate is fluctuating from the 1320 as high as 1310 and 1300 some days. This is all good news… this rate will be temporary rate just until the new reinstated rate shows up on FOREX.
2-14-2024 Newshound/Intel Guru Mnt Goat We are now looking for this rate change as the CBIs’ next move. Yes, this will be their next move. NO! There is not going to be any Reinstatement until this part of the plan is completed …The good news is that this final rate change must be getting close at hand as my CBI contact informed us last week…that someone on the committee team was tasked to supply the IT people with a good set of pictures of the lower denominations along with the coins and a written explanation of how the conversion would work from the three zero notes…keep that champagne ready!
2-14-2024 Intel Guru MarkZ [via PDK] Once again I am going to report we are being leaned on to not talk about redemption stuff…Especially from banks who we expect to handle transactions and redemptions…They said they really need everyone to stay quiet right now. There is a whole lot I would like to say but right now it would be ill-advised. Just know that I am very happy and content about timing…and yes I think it is soon.
2-13-2024 Intel Guru Frank26 They’re going to reinstate it to $3.22 but that was 20 years ago. You think that’s fair? No. Especially for the citizens of Iraq. Why do you think they’ve kept it at 1310. You wanted 1,200 or 1,000 right? …If I was the CBI I would have locked that 1310 in place because I would much rather come out at $1.30 or something in that range than just $1.00, it’s been 20 years.
2-13-2024 Newshound Guru Pimpy Question “What is needed for this investment to be profitable?” What we need for this investment to be profitable – We need them to get back on Forex. We need them to be part of the World Trade Organization. We need them to change the exchange rate without lopping off the zeros first.
2-13-2024 Newshound Guru Militia Man Releasing them from Chapter VII…it’s phenomenal to see…In 2012 we thought this was over because the UN released them from specific things but they never released them from everything. They needed to do something…Now…the push is the World Bank, the seven [largest entities in the world] are pushing them, the UN’s giving them Kudos…basically stated it’s time Sudani to ask the UN to do this.
2-13-2024 Newshound Guru Sandy Ingram The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry. Iraq holds a significant amount of the world’s history within its borders…What is needed is security and safety for travelers. Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq’s GDP.
2-13-2024 Guru Nader From The Mid East Some people comes out and go, ‘Hey, the dinar is going to be $7.00 or $8.00..’ bullshit like that. I don’t know where they get the information from. If it goes 1 to 1 I’ll be happy…The second thing, when they come out and they go, ‘The back screens.’ What back screens? Why you not showing the back screens? Who’s telling you about back screens? Other people go, ‘Iraq the exchange rate is internal and external.’ What the hell you saying. It’s crazy. You know they’re not going to come out and say, ‘We’re going to change the exchange rate but only in Iraq.’ …Then banks…the numbers doesn’t work like that. It doesn’t work at $7 or $8 or $11…Be reasonable. $2.80 or $3.50 maximum like it used to be…
2-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A guy comes on TV and he talks to us about how the end of the Untied Nations mission official has removed all sanctions from Iraq…
2-13-2024 Newshound/Intel Guru Fnu Lnu Some opine that there is no such thing as a Redemption Center while others claim to be in contact with such Centers and their personnel. What they (redemption centers) are, is a simple solution to a simple problem. Many of the large banks in heavily populated urban centers were concerned about having the Dinar traffic clog their lobbies at exchange time. The solution is to have a separate, off-premises, specialized, Exchange Center, complete with Delaru computer, in the most populated city in each of the 10 federal regions…I haven’t been informed of any changes.
2-13-2024 Intel Guru MarkZ [via PDK] We got another bank story overnight from a wealth manager who is reaching out to clients saying “It is time- get everything prepared” He means to get currency together and make certain they have ID’s updated if needed. He says they are at “Any moment now”. To me this is really encouraging as a lot of these stories are from bank personnel who used to say…”It’s a scam-don’t do it” when asked about buy foreign currency. Now they are telling me “you were right all along and get prepared”…we will not know the exact timing or the “when” until it actually happens. But they are now openly preparing many of their clients. We are hearing more and more repeat stories about this. But being leaned on hard to not share details right now.
2-13-2024 Newshound Guru Pimpy I want to make myself perfectly clear – Deletion of the zeros, Lopping or redenomination are all the same thing. All they’re doing is changing the face of the bank notes. That’s it. An increase or decrease of the Iraqi dinar against other foreign currencies is a change in the exchange rate. That’s different.
2-13-2024 Newshound Guru Militia Man The 2024 Word Global Summit… Article “Al-Sudani cancels his visit to the Emirates and apologizes for it” Why did he cancel? Why did he not go to a World Global Summit? …all the other countries…180 are all there. Sudani didn’t show up. There’s got to be a very important reason why he didn’t… Article quote: “The Minister of Finance participates in the session of the World Government Summit in Dubai..” And Sudani didn’t go…He stayed home, he talked about his borders…armed forces…his people…Why? He had to apologize for not making it. There has to be a very good reason I would think. We’re going to find out what that reason is..
2-13-2024 Intel Guru Frank26 IMO when you see the prices in the [Iraqi] markets start to drop, get excited.
2-13-2024 Intel Guru Goldilocks Article: “Viet Nam’s exports surge 42% in January” Quote: “Viet Nam’s exports reached nearly US $33.6 billion in January, a 42 percent surge over the same period last year and the highest level since April 2022…The increase in their goods and services will begin to increase price pressures on their currency to meet these demands through digitized payment systems.”
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