Iraqi Dinar Guru opinions 4-30-2021

Iraqi Dinar Guru opinions 4-30-2021

4-30-2021 Intel Guru Frank26 Don’t forget what I told you. You asked God to bless you with this investment. So God says ‘Get in the car! I’m going to drive you to the investment.’ And you’re sitting in the back seat but every 5 seconds you tap on God’s shoulder, ‘Are we there yet?’ And God’s like, ‘Really?’

4-30-2021 Intel Guru Bruce [via WiserNow] …We know the QF System is working like a charm…and I think that from a physical point of view everything is set and ready to go – We know that we had rates come in on both the Dinar and Dong at really strong rates… I know a few days ago that they were looking very good and we should be in great shape…

4-30-2021 Newshound Guru Kaperoni Guru sandyf wants to get into a discussion with me about floating the Iraqi dinar…read the IMF Article IV Consultations…quote from the IMF Article IV consultation of 2013: “14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In plain English the IMF is encouraging Iraq to get off the peg and move to a float to allow a predictable and gradual appreciation over time as the economy grows. They are not talking about devaluation.

4-29-2021 Intel Guru Frank26 Question: “Guru so and so said this is not a capital gains and we’re not going to pay any taxes on it.” You need to run as fast as you can away from such ignorance. Where have you ever seen that the United States IRS has allowed you to earn money and [said] “don’t worry about it. Forget about it. You don’t have to pay any taxes.” …Obiden…he is going to hit you with personal taxes…he is going to devastate you…

4-29-2021 Newshound Guru Pimpy Article: “A US warship fires warning shots after 3 Iranian Revolutionary Guard boats approach them in the Gulf” …This is not good. This is not what we want. We hope this gets nipped in the butt soon…this will affect the currencies over there. Who’s going to want to invest in Iraq when Iran continually sends people over to shoot missiles, rocket launches, armed militia members, envoys being attacked. So let’s keep an eye on it all…we gotta take the good, the bad and the ugly in any kind of investment. This doesn’t look good. It’s not good. But it’s just a start we’ll see if it escalates or if it dies down…

4-29-2021 Intel Guru BobTheTaxMan We are in a very unique position with our investment in the IQD. First of all it’s considered a very high risk situation because of the nature of that particular environment…yes this is a viable investment, it’s definitely been a long-term investment for those who have been around like forever but it is a very viable option. A very viable one…it truly is an investment. And it truly is a viable investment. History has already shown that.

4-29-2021 Intel Guru BobTheTaxMan If you look back at WWI, WWII, Korea. You take a look at all the money that goes back in to rebuild these particular countries because they need to be for the stability of the region…So yes…they’re trying to get out from underneath the dollar. Well that makes total sense. They want to have total control of the money that’s coming off of their primary economic growing factor which is oil. Well they’re going to have to open up that market. They’re going to have to change things from where they’re at. All the steps are in place…

4-29-2021 Intel Guru MarkZ [via PDK] The chatter is phenominal…Some of my bank contacts think we could see something happen today…

4-29-2021 Newshound Guru Breitling Questions “What’s the difference between a revaluation and a reinstatement?” There is no difference. The problem is people are…arguing on the value. Well if they “reinstate it” they’ll reinstate it to the highest rate it’s ever been – $3.25. That’s not true. So it means the same thing. Don’t get caught up on or have a debate with someone, ‘Oh, there’s going to revalue it or they’re going to reinstate it.’ It’s the same thing. They are going to add value you guys. They have to correct it so it’s market driven…

4-29-2021 Newshound/Intel Guru Mnt Goat So right now, keeping the dinar segregated within Iraq keeps the dinar low and will continue to keep it low. They must reinstate it and thus re-peg it to give it a new “rate”. The “value” is already high only not being fully realized and suppressed…

4-29-2021 Intel Guru Bruce [via WiserNow] …they had to pass another law to implement the budget and…it’s just dragging on – it’s not the fault of Iraq – but the fault of them being coerced into going into a certain timeline – that we’ve put them on…But now – they have a rate – and I did get values on the Dinar and it’s really good – and it’s now like ok – when did they announce or implement their budget for 2021? Well – it was…(Monday) morning Iraq time – That was when the budget was actually implemented – we got that from several sources – one of which is one of our guys in Fallujah…Now…it’s one thing to implement the budget but when does the rate have to be brought out internationally? The answer is within 72 hours – of the budget implementation… that would put us at Thursday morning…

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