Iraqi Dinar Guru opinions 3-23-2024
Iraqi Dinar Guru opinions 3-23-2024
3-23-2024 Newshound/Intel Guru Mnt Goat Article Quote: “…Iraq will leave government cash dealing and switch to 100% electronic collection in mid-2024.” So, by reading today’s article on the surface it seems that Iraq would be doing away with all paper currency as they said “switch to 100% Electronic collection by mid-2024”. But I assure you this is NOT the case… it does NOT say they are doing way with cash altogether, as the Dr. Shabibi plan that I know and have been following very diligently does not indicate this either…this will be a huge milestone in the banking reform process…Iraq has been struggling to get the electronic payment process completed and now they are telling us it will be completed by mid-year 2024. WOW! WOW! WOW!
3-23-2024 Intel Guru MarkZ [via PDK] Comment: 3-24 is the anniversary of the Kuwait RV….Would be a good time to let it go. MarkZ: Yes it would …that would put it on Sunday which is a good day to do it.
3-23-2024 Newshound Guru Clare Article: “For the first time, dollarization decreased by 20% in Iraqi markets”
3-23-2024 Intel Guru Frank26 You’re not going to hear to much more about the ‘deleting the dinars’. You’re going to hear the word ‘thinning’ a lot…That’s what they’re using with the Iraqi citizens. They are thinning out the amount of dinars in the street. They are thinning out the zeros in the exchange rate. The CBI is already doing it.
3-22-2024 Intel Guru Frank26 Community comment: “That’s what’s amazing because before you mentioned dinar and they [Banks] are like get out of here, we don’t want to talk to you. Now it’s like, Oh, please come on in and have a seat.” Because that’s what they were told to tell you. The upper echelon …in the banks have to protect their banks…workers, employees… Let’s just tell them it’s a scam …They never considered the internet would have a leader that would teach him what to do…
3-22-2024 Newshound Guru Pimpy Article: “Iraq’s accession to the European Bank for reconstruction and development” This is another step for Iraq to start working with the International community. This shows outside investors how serious Iraq is of getting back on track.
3-22-2024 Intel Guru MarkZ [via Zester] There is not a lot of news on the RV …Essentially we we are in a bit of a holding pattern.
3-22-2024 Newshound Guru Clare Article: “Iraq’s accession to the European Bank for Reconstruction and Development” Quote: “The Iraqi Fund for External Development in the Ministry of Finance announced on Wednesday that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law.”
3-22-2024 Newshound/Intel Guru Fnu Lnu There is a debate over using the term “Redemption” instead of the term “Exchange”. What we will be doing is an exchange…A redemption is what you do with poker chips or other tokens. We are exchanging one currency for the equivalent in another currency…What you call it will have NO bearing on your tax status.
3-22-2024 Intel Guru Frank26 I believe, God willing, everything is coming to a culmination, to an apex. That’s why so many things, electronic payment system, WTO, Chase [bank] talking…All of these things are for a very good reason and that is we are all going to be exchanging soon.
3-22-2024 Newshound Guru Militia Man 1310, 1460, 1182…they didn’t go international with that…Why would you today at 1310? It doesn’t make any sense…They had oil at $3.22 to 1 [Back in Saddam’s day]…If you reinstate with oil at…$80 to $85 a barrel today ($35 to $40 a barrel back then) and they increased their production since then. Even on that one thing, lopping their currency is ludicrous. It makes no sense to anyone that does basic math.
3-22-2024 Newshound Guru Pimpy The gap between the official and the parallel market exchange rates…is starting to get smaller. Remember they have to be within 5% consistently for a length of time and it absolutely looks like Iraq is accomplishing that so congrats to Iraq.
3-22-2024 Intel Guru MarkZ [via PDK] It has been quiet out of Iraq but, there is lots of expectations…There is movement from what I call a “Massive whale” he’s in between a whale, paymaster and group leader. He was asked to pack his bags and get to Reno. I think that is a positive sign… There has been a lot of travel requests in the last day or so to get headed west.
3-22-2024 Newshound Guru Clare Article: “The battle for the dollar is nearing its end…a sharp decline in exchange rates” Quote: “The prices of the US dollar against the Iraqi dinar closed lower in Baghdad, today, Thursday, with the stock market closed.”
3-22-2024 Intel Guru Frank26 You think they froze everything, paying everybody and having a normal functioning government just for the heck of it? You think they did it to 3 budgets retroactive…? There’s a new exchange rate…This budget is about to be brought back. The time of overlapping with all the things we’re seeing is incredible. It’s wonderful. Because they’re in the process of raising the value of their currency of course you got to recalculate the budget…
3-22-2024 Newshound Guru tishwash Article: “Adviser to the Prime Minister: The decline of the dollar is an indicator of the strength of the dinar and a tangible success of the economic policy” Quote: “The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the strength of the dinar against the dinar after a relative decline in the exchange rate.”
3-22-2024 Intel Guru MarkZ [via PDK] I would like to point that when we talk of redemption centers…these are redeeming bank…BANKS…not some sleezy back alley place. BANK locations with trained staff to exchange currencies and have equipment to verify foreign currency in front of us…
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