Iraqi Dinar Guru opinions 5-11-2024

Iraqi Dinar Guru opinions 5-11-2024

5-11-2024 Newshound Guru Militia Man Article: “Floating the dinar returns to the forefront will the Central Bank of Iraq resort to it and what the risks?” The bottom line is Iraq is going to make an exchange rate change. They’ve told you about it…A managed float is a mix of a fixed and a float…Are they going to change it to a free float? Probably not because there’s a lot of risks at that stage…Ultimately what is their goal? Raising the value of the dinar against the dollar. That’s what they’re going to be trying to do…

5-11-2024 Intel Guru Frank26 On the CBI website back in January of this year…the CBI started the monetary reform campaign to the Iraqi citizens…It was on January 1, 2024 that the Central Bank of Iraq displayed this green looking currency…You’ll notice three zeros. What this is a 1000 but it is not what you think it is. What is the color of the 1000 note that’s out there right now? Yellow/gold…What’s this 1000 note that’s green? …It is a fil…They are not going to release a 1000 lower note…They’re not only going to release coins made out of precious metals but they’re also going to release fils in paper.

5-11-2024 Intel Guru Bruce [via WiserNow] Somebody put something out about taxation, or this this would be a taxable situation for us – it is not a taxable event…It’s BS don’t buy it – not a taxable event period. [Dinar Guru note – always consult with your tax professional at the appropriate time.]

5-10-2024 Intel Guru Frank26 Don’t you dare let your dinars out of your sight. Don’t trust anybody. Especially the banks.

5-10-2024 Newshound Guru Militia Man They cannot tell every single person in the world, ‘We’re changing the value of our exchange rate tomorrow or the next day.’ They can’t do that. However they’ve been telling us…they’re going to be doing it…We have evidence of it…

5-10-2024 Newshound/Intel Guru Fnu Lnu Question: “What type of paperwork has to be created with the exchange…Not every teller can open a savings or checking account.” There is always an account manager or membership manager and all Bank managers and assistant managers can open accounts. If you want to make an exchange then you can also use your existing bank account no matter who it is. Just supply the routing number and account number…In my case, my bank has its SWIFT management apparatus through Wells Fargo so although I don’t have, nor do I want a Wells account, my deposit will be just as fast. My SWIFT number is a WFXXXX number even [though] my bank is not a Wells bank.

5-10-2024 Newshound Guru Paulette Iraq’s WTO Accession Package will likely not be submitted for adoption until MC14 which will be held in early 2026… It clearly was not submitted for adoption at MC13…I anticipate that by then we really won’t care.

5-10-2024 Intel Guru MarkZ [via PDK] Community Comment: “Got an email from [Dinar Dealer] offering 825 for a million dinar buy back. I think that is a good sign.” Because they can’t get any out of Iraq. Iraq is limiting it. So they are trying to get dinar from you. This is great news for us

5-10-2024 Newshound Guru Pimpy Let’s hope it [ascension to full WTO member] happens quickly but it’s not going to be done by [the end of] 2024.

5-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International Development Bank opens in Erbil. FRANK: Notice how they are preparing your banks in many ways to receive the new exchange rate when Sudani releases it. They talked to you about the float…the basket… the lower notes…the old lower notes, your history…Now they’re going to tell you Iraqi citizens about your banks…they are educating you on the many services that your banks will be offering you once this exchange rate is released.

5-10-2024 Newshound Guru Deepwoodz Talking about the float again… That’s what’s coming or these guys wouldn’t be putting their two cents in. Some of what they say is true, some not. Even Saleh commenting on not knowing where it will end is a load of crap. The CBI can start/stop, change, maneuver the rate any way they like at any time…OF COURSE they can do whatever they want! They are a sovereign country again. Pretending like they have no control.

5-10-2024 Intel Guru MarkZ [via PDK] I still continue to hear phenomenal hopes from bankers for the coming days/weeks.

5-10-2024 Newshound Guru Clare Article: “Floating the dinar” returns to the forefront.. Will the Central Bank of Iraq resort to it and what are its risks?” Quote: “From time to time, calls for floating the Iraqi dinar float on the surface of the Iraqi
financial market…these calls meet every time they return to the forefront, with supporters who see it as saving the Iraqi economy, and opponents who see it as the most dangerous stage that Iraq will pass through because of its…risks to his economy…”

5-10-2024 Newshound Guru Clare “…There is a possibility for the central bank to follow the same mechanisms as the American Federal Bank. Strengthening the dollar in the market is determined by the American Federal Reserve, and it depends on the market mechanisms of supply and demand…This policy may be a successful alternative in Iraq by following a managed float policy”

5-10-2024 Newshound Guru Militia Man We all know the project to delete the zeros has been on the table now for many years but it was taken off the table, back on the table…The delete the zeros is all about what? Creating value.

5-10-2024 Intel Guru Frank26 Don’t you have to have a high exchange rate to be part of the WTO? No. What do you have to have? A sanction free currency. Are there any sanctions on the dinar? No more…99.9% are gone. Sanction free currency. Sanction free country. Sanction free bank of that country. That’s why they’re members of the WTO. They already told you that they are and that’s the end of that subject…You need to see something that tells you it’s official today? They already told you.

5-10-2024 Intel Guru yada Iraq is done and preparing for the other side of the release. And that is controlled by the UN-IMF. The parliament vote will be for all the new contracts but the rate release is a go…

5-10-2024 Intel Guru MarkZ [via PDK] Question: Does the VND have a contract rate? MarkZ: I wouldn’t call it a contract rate – more like a pre-negotiated fee/whatever for a maximum rate. The reason there is a contract rate on the IQD is the dinar for oil program …allowing them (US Treasury?) to exchange dinar for oil over time instead of all at once.

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