Iraqi Dinar Guru opinions 6-26-2023

Iraqi Dinar Guru opinions 6-26-2023

6-26-2023 Intel Guru Frank26 The purchasing power of the Iraqi dinar is visible inside of Iraq right now and investors outside Iraq can also see this. Everybody knows. It’s no longer a secret. Investment outside of Iraq versus purchasing power inside of Iraq. It’s equilibrium…

6-26-2023 Newshound Guru Pimpy Now that Iraq has posted in the gazette, the budget, that makes it official. Those are the people that keep the official records for Iraq, so we are good to go…It’s definitely going retro.

6-26-2023 Newshound Guru Clare Article: “The Ministry of Justice announces the publication of the General Budget Law in the Iraqi Al-Waqa’i newspaper” Quote: “- Law No. (13) of 2023 The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025)”

6-26-2023 Intel/Newshound Guru Babysmom “The Iraqi Gazette publishes the general budget law” CBI HAS NOT YET CHANGED THEIR RATE. THAT WILL BE NEXT UP…THE NEXT STEP IS THAT THE CBI WOULD CHANGE THE RATE IN COUNTRY, THEN THE RATE WOULD CHANGE ON FOREX, THEN WE COULD EXCHANGE BECAUSE THE BANKS GO WITH THE FOREX RATE AS THEY’RE OPENING GUIDE…

6-25-2023 Intel Guru Frank26 Question: “Do they need the security law?” A security law for the purpose of sending the Iraqi dinar outside of the border thought the Security and Exchange Commission. To send it outside of the border to float…IMO the security law was passed by parliament while they were waiting for this budget…Everything is in its position. Everything is ready…

6-25-2023 Newshound Guru Sandy Ingram Based on news reports manufacturing seems to be Iraq’s middle name after oil exports…Iraqi Industries Union announced on Sunday that a plan has been presented to the Prime minister detailing how to reopen factories that are currently closed. The Iraqi government is taking this issue seriously and has expressed its eagerness to help restore industry in Iraq. Applications from potential investors have been accepted and billions of dollars are being invested. Neighbors including Qatar, Egypt and Jordon are all committed to investments in Iraq….

6-25-2023 Newshound Guru Pimpy We know there is a fixed rate. We know there’s a parallel rate. If I’m looking at 1300 as the fixed rate but on the black market I’m getting like 1400 in dinars it might seem like something very small to us because it it but if you have people out there with the ability to purchase million of dinar…and then funnel them, they make a pretty good profit.

6-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI governor talking about the change of the dollar rate in the informal markets and what actions they are taking. FRANK: You know what actions they’re taking. Article VIII, introducing a new national currency without the 3-zeros in the exchange rate…but where will it go up? They’re having an internal float. 4,000 – it’s now 1300. That’s a hell of an increase…they’re having an internal float to bring it to what? They’re up to 1300 to 1, to bring it to 1 to 1…How? With an external float.

6-25-2023 Newshound Guru Militia Man When they say they have a retroactive budget that means there’s contractors out there that are going to still want to get paid all the way back to the 1st of January 2023…To do that at 1310 you’re talking about an astronomical amount of dinar…If in fact they adjust the exchange rate…even to $1.00 it’s far cheaper to rebuild this country… The higher their exchange rate back to that previous era that they’ve said numerous times in writing…makes it even cheaper to rebuild…

6-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: “Now that they have a budget what do you think is going to happen?” It’s gonna blow everything up because that’s the plan.

6-25-2023 Newshound Guru Samson Article: “Government: The budget will be applied retroactively from January 1, 2023″

6-25-2023 Intel Guru Frank26 [Bluestar bank advice] I highly recommend …when you go into the bank and you meet with the bank you want to get the cards of the folks who are the executive VPs…who are usually in a different area so when the exchange does occur you can build a team of folks that can help guide you through the process so you don’t squander what you end up getting.

6-25-2023 Newshound/Intel Guru BGG …the position I have come to understand over the last year or so… the biggest impacts on the value of the Iraqi Dinar would likely be… 1) Them using their own currency (exclusively), they are nearing this point now… 2) Them entering some “Brics type” alliance, as opposed to being so attached to the US…

dinarguru.com