Iraqi Dinar Guru opinions 4-9-2023
Iraqi Dinar Guru opinions 4-9-2023
4-9-2023 Intel Guru Frank26 Article: “Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the black market” NO! IT DROPPED BECAUSE IRAN COULD NO LONGER STEAL THE IQD THROUGH THE CBI AUCTIONS! THE MONETARY REFORM STARVED IRAN!
4-9-2023 Guru Nader From The Mid East This morning I heard something made me very very happy. It’s been a week since Iran stopped buying dinars on the black market. Why? Because each time they bought…dinar they lost money. They lost almost $500 million. That’s why today you see the dinar is up again …2 or 3 countries who’s used to buy the dinar on the black market they can’t anymore because they’re losing money..
4-9-2023 Intel Guru MarkZ [via PDK] over the last couple of weeks think about the progress we have made. The banking reforms…The revalue of the dinar to 1132 (not as big as we want –yet) de-dollarization, Approval of the HCL (We have been waiting for this for 15-20 years) We have seen the budget, the re-introduction of coins. Why in the heck do they need coins and lower denominations unless they were about to do a serious revaluation? We are watching tremendous changes.
4-8-2023 Intel Guru Frank26 Question “If the American dollar gets driven down to, let’s say .0001 how can that be 1 to 1 with the dinar?” Because you cancel the 3 zeros on both sides and it becomes 1 to 1.
4-8-2023 Newshound Guru Sandy Ingram Article “Goldman Sachs: Oil will reach $100 a barrel in April 2024” That’s about a year from now…[we] believe this prediction is right on target because –> Article “Iraq joins Arab countries in reducing oil production” …This move is a precautionary measure aiming to support the stability of oil markets…This reduction will go on until the end of 2023.
4-8-2023 Guru Nader From The Mid East You guys waiting for us to give you a news. We give it to you but we’re not sure of it because they can change their mind tomorrow. But here’s one thing I can tell you budget has been approved. Why? Because [they] have no choice…they cannot embarrass themselves anymore. They talked about it. They put it out there. They send it from one side to the other. Budget has really been approved.
4-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Comment “Historically we have seen April and September…” I don’t care about no April. I don’t care about no September. I don’t care about no historical pattern that they’ve done. Trust me, they want this and they’re going to get this done. The RV phase calculated many rates that can succeed with the monetary reform. It’s all about the accounting… Accounting is beginning, mid or end of a quarter.
4-8-2023 Intel Guru Wolverine …I’m told that hopefully within 48hrs Iraq should be ready to go and that will set up the Green Light so we can move forward. Notifications I was told should be coming on the weekend or latest by Monday.
4-8-2023 Newshound Guru Pimpy Things seem to be calm over there. There’s a lot of agreements going on and it looks like Iraq is moving forward in a major way which I’m excited about. I do want to see the Iraqi dinar increase in value so does everybody else.
4-8-2023 Guest Guru Deepwoodz Article: “The budget is halfway there…a challenge to the government and a test for the coalition state – Urgent” I like this one! I think you can calculate the rate using these budget numbers. I think a rate change eliminates the “deficit” to be a balanced budget…Interesting that the “planned” deficit is 1/3 the planned budget. Or 3/1, or 3:1…or 3.12/1 to be more precise depending on which way you turn it.
4-8-2023 Intel Guru MarkZ [via PDK] The budget has been approved and now we are just going through the process until it is officially in place. Articles come out saying how effective the revaluation has been from 1300 to 1132…I am still expecting a bigger rate change. We know what their target is and they know what their target is…We are all hoping this is going to be a phenomenal week for us.
4-8-2023 Intel Guru Frank26 What are the 2 months of the year that the Central Bank of Iraq has historically has made a change to their monetary reform? April and September. What month are we in?
4-8-2023 Newshound Guru Militia Man The draft budget law…the whole process is about the citizens and for implementation of investment project…it’s about the private sector…Everything is changing. What are they telling you? If they’re going to a private sector, they’re going international. That is huge. We’re in a huge space at this time…
4-8-2023 Intel Guru Bruce [via WiserNow] Iraq is going to make their additional increase in the Iraqi dinar rate. It’s substantial, and this would be an in country dinar rate…Meaning in country of Iraq and this will be their official increase in the rate of the dinar. And I believe that will take place Sunday, our Easter Sunday, which in Iraq is their first business day of the week…now that would reflect on our bank screens – Forex – probably Sunday night or Monday…we look pretty solid for Monday into Tuesday – right now…That’s the latest information that we have so far.
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