Iraqi Dinar Guru opinions 4-17-2022

Iraqi Dinar Guru opinions 4-17-2022

4-17-2022 Intel Guru MarkZ [via PDK] [I read that Iraq may come out with a .50 cent rate.] Don’t worry about that …It doesn’t fix their financial issues. Now I have heard that they are floating a NEER rate (Nominal Effective Exchange Rate) of $1.60…If they decide to go by themselves….the rate would be around $1.60. That is a small possibility this could happen…

4-17-2022 Newshound Guru Pimpy Article: “Cities of Iraq witness demonstrations calling for the speedy formation of the government” When people are going ‘Oh man we got all kinds of money coming in Iraq. We’re going to do the rate change!’ No, No you’re not…you have to have a stable government, a stable economy and there has to be peace there not civil unrest. Until all this stuff gets squashed and we move forward with a government that’s formed, a budget that’s passed and the people are not protesting, you’re not going to see a rate change…

4-16-2022 Newshound Guru Pimpy Article: “Renewal is underway for Saleh and Al-Kazemi in power in Iraq” I don’t live in Iraq obviously and as much as I know about it I’ve learned through articles. But it appears to me that Al-Kazemi and Saleh have been a great team…they seem to have accomplished a lot in a short time that they’ve been in office together… to me this appears to be good news…things appear to be on the right track.

4-16-2022 Newshound Guru Samson Article: “An unexpected surprise.. Leaks indicate that the coordination framework may present Al-Kazemi as a compromise candidate and keep his government”

4-16-2022 Newshound Guru Kaperoni I have stated numerous times any discussion from Iraq about deleting 3 zeros is a LOP. Which we do not want to see occur. Again, we do not want to see this happen. It is also very important to understand in order for Iraq to issue a new currency, parliament must vote and approve. This has been discussed but due to the lack of a new government, nothing has been approved yet.

4-16-2022 Newshound Guru Kaperoni One thing that has occurred there have been several events/symposiums over the last 10 months or so held discussing and educating the citizens of Iraq this plan…we have always been hoping for Iraq to build a prosperous diverse economy away from oil. With the success of that economy would allow the current dinar to gradually appreciate without replacement overtime.

4-16-2022 Newshound Guru Clare Article: “Renewal is underway for Saleh and Al-Kazemi in power in Iraq… Details of a resounding surprise published by (Baghdad Today)”

4-16-2022 Intel Guru MarkZ [via PDK] [Most people think it’s this weekend because of Easter…do you agree?] It is highly possible. …Is it the most likely time for it to occur…yes. There is a tremendous amount of chatter. But I am always concerned when to many people are in agreement.

4-16-2022 Newshound Guru Godlover Question: [Doesn’t it make more sense for the CBI to reinstate/revalue the currency before the budget is released? …IMO it doesn’t seem like a good idea to show the budget before the CBI comes out with a rate.] Before the budget is released or Opened rather…sure I agree with that. Rate exposed prior to sending the budget to parliament, not so much. Certainly whatever the budget opens at, that will be what it is for the remainder of this year. God willing it is a new rate, but it is just speculation until proven otherwise.

4-16-2022 Newshound Guru Pimpy Rumors are they’re going to keep Salih president and Al-Kazemi as Prime Minister. I really do think this is a good move. Although there are some people out there who are not happy with the idea. I do believe that they were getting Iraq back on track. A lot was accomplished under the short term that Al-Kazemi had…

4-16-2022 Newshound/Intel Guru Mnt Goat …Foreign entities want to be able to FREELY move money in and out of Iraq. This is not now possible without a freely tradable and exchangeable currency which is really only obtained by global trading on FOREX and the other global exchanges. So, we have to sit tight and watch this election saga play out.

4-16-2022 Newshound/Intel Guru Mnt Goat WE are told by the CBI that the currency will finally see its final stages of the currency reform project after a “stable” government is in place…The pressure is enormous and we find out there are massive protests and rallies planned for the near future in Iraq. …Al-Maliki will do anything to see al-Kazemi not stay in office…Al-Sadr knows this can’t be the case for the survival of Iraq. So, this is where we stand as investors in the dinar. We must wait it out.

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