Iraqi Dinar Guru opinions 5-2-2024

Iraqi Dinar Guru opinions 5-2-2024

5-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some guy on television talking about advantages that we as Iraqi citizens are going to have with a fixed exchange rate pegged to a stronger currency. He says Iraq now has a soft peg and…the float is not necessarily as a fixed rate… FRANK: The monetary reform education is explaining the reason why you don’t need a basket…They are also expressing you don’t need a float. That’s because your reserves are so powerful…But IMO the float will occur because it needs to reach the real effective exchange rate of your currency on an International level. They are also trying to explain to you you do not need to be pegged to any currency, not even the dollar.

5-2-2024 Intel Guru MarkZ [via PDK] Well some chatter from another different contractor that is hearing the same as the previous contractors. So, multiple confirmations that are hearing a range of rates from the mid to upper $3.s…They work in different industry’s in different companies….and they think it will be extremely soon

5-2-2024 Newshound Guru Pimpy Some of the bigger points we see inside the Iraqi dinar community such as, ‘Let them reinstate the exchange rate to $3.22 the old rate.’ That’s not the old rate. That’s been a myth for a long time…The $3.22 rate was there but that was not the one they left when it became a devalued currency. It was something like $1.52. The other one [myth] is the
hydrocarbon law that once it passes then the Iraq citizens are going to get payments. They’re not going to get payments. Read the law, nowhere does it say they’re going to get payments.

5-2-2024 Newshound Guru Militia Man Everything is falling in line for Iraq to go international. You haven’t see the salaries paid yet…you haven’t seen the oil start pumping yet into Turkey…Why? Because they haven’t shown us or exposed an international real effective exchange rate. That’s my view on it.

5-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is saying the start of implementation of the government and banking reforms has started. FRANK: Woohoo! …The new exchange rate is the pivotal role they are about to give them…

5-1-2024 Newshound Guru Pimpy Community comment “Parliament doesn’t have to vote on a budget…” They do whenever you make amendments or changes…If you’re going to change something in there you have to vote on the amendments… Community Question “So you’re saying if they’re gonna change the exchange rate on a budget they have to vote on it?” That’s correct. Yes.

5-1-2024 Newshound Guru Clare Article: “On a tour that included Karbala, Babylon, and Ur… Two American tourists: We felt completely safe in Iraq” Quote: “Hudson and Emily Crider, travel the world on a mission to explore each country and document its cultural experiences…In a series of more than 20 videos, the Criders detail what it’s like to be an American tourist in Iraq, offer travel tips and debunk misconceptions about the country…They said: As Christians, we found (Karbala) a wonderful city to see and the people were very welcoming. It is really special that they allow people of all religions to come here and learn more about their beliefs.”

5-1-2024 Intel Guru MarkZ [via PDK] I have had a number of contractors in the last day or two tell me that they were told to prepare for between $3.60 – $3.90 [for the dinar]…

5-1-2024 Guru Nader From The Mid East The budget have to be approved by the parliament…Sudani cannot make a decision by himself…The budget doesn’t have to be approved by parliament…it’s not true. They have pass by the parliament and parliament have to vote for it. Any changes on that budget the parliament have to agree into it and have to vote for it and have to sign it and send it to Sudani and then the president of Iraq…It is active yes but not completely active. Any changes have to be approved by the parliament of Iraq.

5-1-2024 Intel Guru Frank26 The budget does not need parliament…The budget waits for the exchange rate. The exchange rate is not waiting for it or anything else…The budget is born without them…

5-1-2024 Newshound Guru Militia Man When you talk about drop the three zeros…Al-Sudani’s goal is to bring purchasing power to the his citizens. When he said $0.76, that’s purchasing power. It’s not a lop. It’s purchasing power. If you have a lop you don’t have purchasing power, you just have a change in denomination…They’re going to bring purchasing power to the citizens. All of that is happening before our eyes.

5-1-2024 Newshound Guru Pimpy Question: “If they delete the zeros will our dinars drop in value?” If you’re in Iraq you don’t lose any value…People who are invested in the Iraq dinar…EXAMPLE: Let’s pretend like the new exchange rate has changed and you can get $1 US for every 1 dinar…If you had the 25,000 dinar, the 1 to 1 would be perfect without them deleting the zeros. That’s because you would get $25,000 for your 25,000 dinar. But if they delete the zeros…your 25,000 dinar is now reduced down to a 25 dinar. Even if they go 1 for 1 that means you’re 25 dinar is only worth $25. So yes, your dinar would drop in value if they delete the zeros before the change in the exchange rate happens.

5-1-2024 Newshound/Intel Gurus Walkingstick and Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq the CBI governor is on the television and he’s talking about the banks and the financial inclusion. They are saying to us that there are changes coming…Iraq has just given us Identity Program. This will be launched next Thursday on the 6th…They called them Unified National Cards. WALKINGSTICK: Those are nothing more but identification cards because you’re going to be needed them when you go into the bank to get your new currency.

5-1-1024 Newshound/Intel Guru Mnt Goat …What will May bring us investors? I have to tell you that April’s news was amazing and I don’t know how the news can top last month except maybe give us what we are looking for. Am I saying its going to RV in May? Of course not…no one knows the date of this event…Does it seem that we are very close? Yes, it seems this is just around the bend and the finish line is in our sights. …there is a huge glimmer of hope we could see the RV very soon.

5-1-2024 Intel Guru MarkZ [via PDK] Question: Anything new about the rate of the dong [Vietnam]…? MarkZ: I am hearing the dong rate could be in the $3+ range now. I hope this is accurate. When I first got in this I was hoping for .31 -.36 cents. Then I was consistently told it could be in the low $2 range…which would be spot on for a reinstatement. Now I am hearing it could be as high as $3.60 or so… That is what is showing on bank screens. I do not know if it’s a place holder rate…but it is showing up a lot.

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