Iraqi Dinar Guru opinions 3-29-2024
Iraqi Dinar Guru opinions 3-29-2024
3-29-2024 Newshound/Intel Guru Mnt Goat …it is very significant to collect…dollars stashed in the homes of the citizens. This is the next step. But they told us the CBI would not take this next big step, to collect all this cash, unless they first got the parallel market under control. Now they are telling us it is under control. …But how will the CBI get all these hordes of cash out of the homes and into the banks? …Yes, more purchasing power…But how do you get more purchasing power? You must increase the rate of the dinar and I firmly believe this will be next step and this is coming soon, VERY soon!
3-29-2024 Newshound/Intel Guru Mnt Goat But slow down cowboy, I did not yet say reinstatement…this is going to be first an in-country revaluation… We don’t actually know the next “program” rate revaluation from 1320, but we do know with certainly it must be over a dollar. How much over to give enough incentive to turn in the dollars, we don’t know. … We are not going to exchange at this rate anyhow. Later, after the reinstatement, If you live in the U.S. you will get the U.S. rate, if in Canada you will get the Canadian rate or if you live in the EU you will get the European rate. I told it will be significantly higher than the initial in-country rate by the time we see it and go to the bank…
3-29-2024 Intel Guru Frank26 I strongly believe [The foreign minister] is in Washington right now showing the United States Treasury the new exchange rate and then on April the 15th when Sudani goes to the president of the United States he will see him with a great authority with great power…
3-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy says the only way they would stop funding the budget and stop everything is to make a rate change in the budget…the new rate will produce excess funds to cover the reform projects…He says when that budget gets done this weekend and if it is amended the rate change will come real close in his opinion… FRANK: I agree 100%…once we see the budget amended and released it will expose a new exchange rate. I don’t think that a simple rate of 1 to 1 is what Sudani is looking for anymore.
3-28-2024 Newshound Guru Militia Man Article quote: “…in addition to the possibility of achieving a significant increase in its Financial incomes that would raise the purchasing power of the Iraqi individual…” To me that’s massive because…they’re talking about raising the purchasing power of the Iraqi dinar. How do you raise the purchasing power of the Iraqi dinar without changing the exchange rate? Obviously…they can’t.
3-28-2024 Intel Guru MarkZ [via PDK] COMMENT: Sudani is supposed to be in the US on April 15th. MARKZ: Personally I think Sudani may be here for a “victory lap” after we have already started doing out exchange.
3-28-2024 Newshound Guru Kaperoni Iraq only has a net worth of about $16 trillion dollars including all minerals and oil in the ground. With over 80 trillion dinar in circulation they could never significantly RV the Iraqi dinar….
3-28-2024 Newshound Guru Sandy Ingram We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar.
3-28-2024 Intel Guru MarkZ [via PDK] Question: Do we have the green light yet Mark? MarkZ: I think we have the green light. I am looking forward to what the next few days bring.
3-28-2024 Newshound Guru Pimpy When they re-denominate all currencies are going to have a new look. Most likely what you’re going to see is the same thing you see here in the United States. We have a $100… $50…$20… $10…$5… and $1 bill. Most likely that’s what you’re going to see in the dinars…
3-28-2024 Newshound Guru Militia Man Article Quote: “Advisor to the Prime Minister al-Sudani…the global economic community estimates as a stock capital at prevailing price today, Iraq’s worth about $16 to $17 trillion U.S. dollar” It’s a lot…Instead of having people come in and mine it, take it away and produce and sell it, Iraq’s going to mine it, produce it and sell it. They’re going to get both sides of the equation…That raises the income stream for Iraq…
3-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that’s coming April 1st, our new fiscal year. FRANK: So much is now pointing for your 1st quarter. April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April. It seems to me he’s going to go see the president with a new exchange rate under his belt…not the weak leadership of a program rate.
3-28-2024 Intel Guru MarkZ [via PDK] Bank story: One of our members had a friend go to a bank in N. Carolina yesterday. They had a conversation with a branch manager. They talked about an hour on life, currencies, expectations etc. The Bank manager said they are absolutely prepared for this. He said he knew a lot of banks were avoiding it but they were preparing for it. He said “We don’t know the timing but it could be at any moment” So they were having a very long conversation with a banker that was clued in, plugged in and prepared…
3-28-2024 Newshound/Inte Guru Mnt Goat Article: “BIDEN TO HOST IRAQI PRIME MINISTER ON APRIL 15: WHITE HOUSE” …could this visit to Washington talk about the currency reform and getting support for it? Certainly it may and probably will…President Biden is scheduled to meet with the Iraqi Prime Minister Sudani…and dedicate several days to Iraq and the situation in it, a clear signal of respect for the Prime Minister and Iraq’s political and international standing. Talks I am sure will be mostly about the Status of Forces Agreement.
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