Iraqi Dinar Guru opinions 3-12-2021

Iraqi Dinar Guru opinions 3-12-2021

3-12-2021 Newshound Guru Clare Frank [Guru Frank26]…taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate? YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO…THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo. I WOULD LIKE TO POINT OUT…FRANK [Guru Frank26] SAID THE $4.25 WAS THE CAP INTERNATIONALLY IN HIS OPINION… AFTER THE 1-1 AT THE ONSET, THERE WILL BE ANOTHER RATE INCREASE INSIDE OF IRAQ. FRANK SAID THE RATE & TIMEFRAME WAS UNKNOWN OF THAT 2ND INCREASE…imo.

3-12-2021 Newshound/Intel Guru Walkingstick [via Frank26] the HCL is being pushed dramatically right now. I mean it’s being shoved. It’s being pushed…and it’s extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out…pushing the HCL is telling you and me as investors that they are very very close…

3-12-2021 Intel Guru Footforward …I have stressed this a number of times that the rate cannot be a dollar in my opinion…Its not likely they allow people to set up bank accounts in Iraqi dinar and just let it sit there and increase in value…And I really very much disagree with this whole idea of a low rate and then increase over time…

3-12-2021 Newshound Guru Kaperoni …There is no RV. The only way the dinar will go up in value is with the success of the private sector. Iraq needs to continue to pass laws that are critical to the growth of the economy. Only with significant investment and the development of a private sector will the dinar begin to go up in value. There are no shortcuts…

3-11-2021 Intel Guru Frank26 The moment the Iraqi dinar inside of Iraq goes up in value because they have lifted the 3 zeros off their exchange rate…the Real Effective Exchange Rate will be applied to the Iraqi dinar externally…they are about to give the citizens of Iraq the new small category notes at a 1 to 1 rate for their currency…not only domestically but internationally …I think in about 8 month approximately give or take you will see not a 1 to 1 rate anymore…it walks toward the REER [Real Effective Exchange Rate]…

3-11-2021 Newshound/Intel Guru Mnt Goat Article: “AL-HALBOUSI: PRESENT THE BUDGET TO A VOTE SOON, AND WE WILL PROCEED WITH THE LEGISLATION OF THE OIL AND GAS LAW” I have always said that Iraq will need to fully implement their new constitution of 2005 no matter what this means prior to the reinstatement of their currency. There is not much more to do. We know they need a referendum for the Article 140 part to settle how these disputed pieces will be managed and who will manage them. There is also the infamous oil and gas law. Both of these are now in their final stages and we should finally see them. There is also the court reforms that are expected…

3-11-2021 Newshound Guru Pimpy Article: “Member of Parliament on the exchange rate of the dollar: It will continue until this date” What? Is there a date for the rate? Quote: “…calls for a reduction or restoration of the exchange rate to its previous state.” …what does this mean? …some people think it means restoring it to its previous rate of $3.22 for every dinar…It isn’t very clear here…IMO a jump that big at this moment would be a bad move…It would cause the collapse of the dinar jumping to the $3.22 rate. Not quite yet. Let’s let them get things going and then let’s see what happens. Restoring it back to the 1190 level I can see that…yes you guys can make all kinds of arguments both ways about what the rate should be. I understand that… does that mean it will never change? No…it could change by next month that’s the thing, we have to watch what they do…When Kuwait went to change their dinars they told people it wouldn’t happen for years then it happened two days later…

3-11-2021 Intel Guru MarkZ [via PDK] Well, if you are following any news from Iraq you should be excited…they are ramming HCL (Hydro Carbon Law) through so they can change their value…. I have talked to a couple contacts on the ground inside Iraq and HCL is being pushed and they are trying very hard to have a new value within the next 2 weeks. Even all my redemption center people are on call now…on standby for now and for the weekend…they need to be able to report to the centers within a couple of hours. …things are getting exciting…

3-11-2021 Newshound Guru Jeff “The House of Representatives completes voting on the Federal Court Bill” They’ve had attempts to pass this Federal court Law for a very long time over many many years…It’s part of the basket of suspended laws…it’s also linked and timed with the rate change. It can only happen in close proximity to the rate change. Last week they finished 6 out of 10 parts…yesterday they finished the last 4 sections. At this time the Federal Court Bill has been completely passed and approved…that’s huge progress…Iraq is now graduating back to the international world…

3-11-2021 Intel Guru Frank26 Question: [The Bank of International Settlements – the central bank of all central banks and it is a requirement by the BIS that they be notified within a certain amount of time (and that fluctuates) as to when a country is going to change their currency rate…Has the BIS been notified of the imminent rate change of Iraq?] In my opinion yes.

3-11-2021 Intel Guru Bruce [via WiserNow] You know…by now that Iraq could have done their thing many times over…but they – and…Central Bank of Iraq – is the governing body that controls the rate of the Dinar…However – even though Iraq is considered a sovereign nation now – they are still subject to the Treasury of the United States to more or less give them the go ahead as to when to release the new rate…today we find that Iraq has a I think the term “deadline’…There’s a theoretical deadline let’s call it for Iraq to do this on Sunday the 14th…I have heard of a window that was given to me today that took us from tonight to all the way to Saturday – and this is from a really good source…So – we have a lot to look forward to this week – I believe we are in really good shape for this to go now…we do know that the rates are going to be fantastic – I think even a little better than we thought…

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