Iraqi Dinar Guru opinions 3-8-2022
Iraqi Dinar Guru opinions 3-8-2022
3-8-2022 Newshound/Intel Guru Mnt Goat From Iraq the news this period is mostly all about what to do with the exchange rate once again. Yes, this saga continues… How do you change the rate without blowing up the economy? …There is only one way and that is to complete the project to delete the zeros then reinstate the dinar, put it on a float and a basket of other currencies to protect if from massive inflation… Remember we are in VERY exciting times…We are going to get this reinstatement and we are going to go to the bank shortly…hold on to your currency…Please do not give up we have gone this far!
3-8-2022 Newshound Guru Pimpy Article: “International Monetary warns Iraq and announces its position on the dollar exchange rate” If they had their way the currency would have been lowered even more. I believe they were proposing 1600 dinars for every dollar…by increasing the value of the dinar it makes Iraq less competitive on an international level…
3-7-2022 Intel Guru MarkZ [via PDK] We are hearing out of Iraq to expect the seating of the government tomorrow…I am hearing from all my bond contacts that they will move forward as soon as that government is sat. I don’t know what that means for us yet on the 800 number timing. All of my sources as of this afternoon are extremely upbeat and excited about this potential as they seat that government tomorrow.
3-7-2022 Newshound Guru Pimpy Question: “When will they reinstate the Iraqi dinar?” That’s the 64 million dinar question…they seem to be making that announcement now – that they have no intentions on changing the rate for this year but every time they say that then you see what appears to be conflicting articles coming out because they’re still discussing it. They’re still taking about it. If they were truly settled on the rate they would just say so and leave it alone but for weeks now we’ve been seeing article after article on conversations going back and forth about what to do with the Iraqi dinar exchange.
3-7-2022 Newshound Guru MilitiaMan There is a convergence of things that are on going that suggest there are things moving quickly now. The reduction in value of the currency on 12/19/2021 had a purpose and that purpose is over. The subject is clearly being talked about at length, that even included paying off repartitions to Kuwait and the lifting of Chapter VII sanctions. Add in that oil has risen to about $120.00 per barrel and they are automating the provinces through AYSCUDA…this week they are implementing all provinces at the borders. That income will be similar to and or equal to the oil revenues. All of which sill support the exchange rate that will benefit the citizens.
3-7-2022 Newshound Guru Godlover Article: “Deputy: The government will be formed after Eid Al-Fitr” …per articles their intentions are to elect the POR & the PM in one session. Then PM’s cabinet needs formed, which according to several articles will happen after the holiday…My hopes are that once the POR & PM are elected, the budget can be sent to parliament for reading & vote during the cabinet formation process. I suspect the budget will not open until the PM’s cabinet is formed, bringing us closer to mid year possibly for the budget opening. God willing, the budget opens with what we all seek.
3-7-2022 Intel Guru Frank26 The governor of the CBI is…a figure head. He is composed of a structure that allows him to make announcements of decisions. He is backed up by the board of directors. There’s many of them. They have been doing a masterful job. The only thing we need is to sit a government.
3-7-2022 Newshound Guru Pimpy Article: “For the first time in the history of he currency auction, the central bank sells less than 1 million in cash” …It doesn’t look like the banks are parting with the American dollars…
3-7-2022 Intel Guru MarkZ [via PDK] Coming out of Iraqi parliament they had expected a adjustment of the rate wihin 3 days…
3-7-2022 Newshound Guru Samson Article: “Oil nears $130 on fears of a ban on the Russian product” Quote “Analysts at Bank of America said that if most of Russia’s oil exports were cut, there could be a 5 million barrel or larger deficit, which means oil prices could double from $100 to $200 a barrel, while JPMorgan analysts said this week that oil may double. to $185 a barrel this year”
3-7-2022 Newshound Guru Desert Advisor Article: “Brent crude price exceeds $119 per barrel” Well this just happened. You think their [Iraq’s] economy’s growing and strengthening? I do.
3-7-2022 Newshound Guru Sandy Ingram Article: “Iraqi Parliament to met for reopening door for new presidential candidates” Once the new president is elected by the parliament then they will select a prime minister.
3-7-2022 Intel Guru Fleming …starting tomorrow [Monday], all banks all over the world are using QFS (QUANTUM FINANCIAL SYSTEM), exclusively…Confirmed by a variety of sources in many positions of authority… No more SWIFT allowed… Evidence that this is underway can be found by the announcement made by Iraq’s Central Bank, yesterday, stating that Iraq will have a “new currency value” within the next 3 days. The CBI is closed today and tomorrow, so Tuesday it is!
3-6-2022 Newshound Guru Pimpy I never denied the fact that an increase in purchasing power would benefit Iraq and especially the Iraqi people. Also I never said it’s for sure not going to be reinstated at $3.22. What I said was it’s not likely. But that’s just my opinion…I don’t flip-flop not at all. I told everybody IMO the Iraqi dinar is going to increase in value but it’s going to happen in increments but also if I’m reading the news articles it sure the heck appears the way the language is being used it definitely appears like they’re considering it [An RV or an RI]. That doesn’t change my mind about the fact that I think that it’s going to be done in increments.