Iraqi Dinar Guru opinions 4-22-2021
Iraqi Dinar Guru opinions 4-22-2021
4-22-2021 Newshound/Intel Guru Walkingstick [via Frank26] In our strong opinion the budget is calculated at a 1 to 1 rate. This budget with this rate does exist. We simply await for the budget to be released with these numbers. The numbers and the accounting of a 1 to 1 rate…are already done. They are already in the budget and they will be retroactive to the beginning of this year…
4-22-2021 Intel Guru Frank26 What’s most important to you and me as investors of the Iraqi dinar is not the internal rate which the CBI will soon enough release to give the citizens better purchasing power which we are suggesting 1 to 1 to the American dollar. The budget is nice and the budget is in the gazette which now allows the CBI to play with the exchange rate…do you think they’re going to decrease the exchange rate? Of course not. Do you think they’re going to increase it 1 to 1 with the American dollar? Yes! We have articles telling us they’re going to do that. The budget being printed in the gazette has unlocked the CBI to raise the rate inside internally therefor giving the international growth of the Iraqi currency also more potential.
4-22-2021 Intel Guru Bruce [via WiserNow] …we had information coming in from Iraq saying that “yes” they did put the budget in the gazette for 2021 on Saturday …Monday – I believe they were going to have a session in parliament to pass a law that would include the date of implementation of their budget…and I believe when they went through the budget – they found the rate that was in the budget was not as high as they wanted it to be able to do additional projects and things in Iraq – so my understanding was…that they readjusted that dinar rate upward to comply and to be able to use that within their budget …I also have a feeling that change will come out as an addendum to the budget… remember…printed gazette goes out / Saturday and Wednesday… I think you can call Iraq “Done”…everything appears to be done…
4-22-2021 Newshound Guru Pimpy Rumor has it that a special person’s name we won’t mention…want you guys to send your dinar to him to get a special rate? I’m going to say to you the same thing about gold or silver. If you don’t have it, you don’t own it…
4-21-2021 Newshound/Intel Guru Petra I am very excited. We have never been to this place before. We’ve never been in this position before. We all thought things were happening. We thought this was going to happen but we’ve never before have we been in a spot where we know it’s about to happen. And it really gets me excited…
4-21-2021 Intel Guru Frank26 Because you have an official budget you need an official exchange rate. Who says? The Fab 4…IMO they can now change – again – the exchange rate…
4-21-2021 Intel Guru MarkZ [via PDK] The positive news coming out of Iraq is that they had ongoing meetings since Tuesday morning on budget implementation. I am told that once they wrap up the last few details that they will post a rate…it very well could be this week. Exceptionally encouraging.
4-21-2021 Newshound Guru Militiaman Saleh…obviously said this today for a reason. He’s talking about not floating the currency. He’s in a sense saying we’re not floating the currency but we’re going to do something possibly different…he’s saying that for a reason because this next stage is going to be very short and he’ll need to have communicated what he’s thinking. Sometimes he tells you the opposite…they tell you what they’re not going to do…in this particular case it sounds like he’s got it sorted that…he’s not necessarily going to float the currency…I’m not saying it’s 100% right but the implications is it should be a strong sustainable exchange rate…
4-21-2021 Newshound/Intel Guru Walkingstick [via Frank26] The CBI and the GOI are now going to put advertisements everywhere. On billboards, commercials on television, they’ll put them in the newspaper, they’ll have pictures of the new small category notes, all of this information and that they’ll be a new exchange rate for this currency …it’s basically down to weeks.
4-21-2021 Newshound/Intel Guru Petra The Kurds sent a message to Baghdad saying you have our approval. We approve the budget now implement it. And that’s a quote. We approve the budget we are now ordering you and directing you to implement it. They didn’t say implement in the next 25 days. They didn’t say implement in 2 weeks. It said implement now. I don’t know what else to say about that…you got to move. You’ve got to do something. You’ve got to go…we’ve never been in this position before. There’s always been reason and excuses of why it hasn’t happened. But now it’s at the doorstep. It’s right there…we’re very excited about where we’re at.
4-21-2021 Intel Guru Frank26 We now have a budget for Iraq. It’s official. This is the first budget I’ve seen in Iraq in my lifetime…that’s extremely important…the main thing is it’s now published in an official public venue the gazette. What’s the rate in that budget? …1460. It would have been illegal to release the budget with any other rate of 1460…right now the official exchange rate is 1460. Period. End of story…at anytime they can retro the exchange rate back to January first…the CBI is going to change the rate 1 to 1 and the budget will go retroactive 1 to 1 too…the budget is not legal until it is in the gazette. It’s never been in the gazette. It’s in the gazette ladies and gentleman so NOW the change of the Iraq dinar exchange rate is game on!
4-21-2021 Newshound/Intel Guru Mnt Goat Article: “ADVISOR AL-KAZEMI: FLOATING THE CURRENCY LEADS TO THE COLLAPSE OF THE IRAQI MARKET” Salih is referring to dangers if they floated the dinar within Iraq using the program rate not reinstating and then floating it as an internationally traded currency on FOREX. The finance committee keeps pushing for an internal float. So what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability.
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