Iraqi Dinar Guru opinions 7-10-2023

Iraqi Dinar Guru opinions 7-10-2023

7-10-2023 Newshound Guru Enorrste JP Morgan [bank] is ready to leap into the fray…Their words are amazing, ‘Bring it into the world trade system’… They’re [Iraq’s] going to go from being a little regional area to being a world trader thanks to the efforts of JP Morgan signing this agreement with the Central Bank of Iraq. They’re ready to role…You can’t do this in Article 14 of the IMF charter. I suspect the IMF is behind all of this because they said to the biggest bank in the world JP Morgan get your ass over there and get this thing on the road. I wouldn’t be surprised to see a change to Article VIII within months…

7-10-2023 Newshound Guru Clare “Parliamentary Finance Talks About The Stage Of Implementing The Budget.. What Are You Waiting For?” Quote “…We will wait for the court’s decision regarding the contested articles that there will be a state order to be issued, and in the event that it is not issued, the Finance will continue.”

7-10-2023 Intel Guru Frank26 We are right on the edge of the cliff of the monetary reform, on our tiptoes leaning forward with our arms open, our head down waiting for a gust of wind to knock us over. That’s how close we are.

7-10-2023 Newshound/Intel Guru Mnt Goat There is not much more we can do but relax and let the reinstatement come to us. …we have not heard even an update on the project to delete the zeros. Normally Ali Al-Alaq is real good at giving periodic updates on this event. He has been back in the seat of CBI governor now for almost 6 months and still no word. I am told by my CBI contact that they are still working on it and plan to do it very soon. This is all the news I can get on this topic.

7-9-2023 Intel Guru Frank26 You have to know when to hold them and when to fold them. When the new exchange rate comes out at least IMO 1 to 1, 90% of you are going to go to your banks and exchange. You’re going to say, ‘I’m done. I’m out of here. I’m happy with this.’ And that’s enough. That’s what the CBI is counting on by the way. If you have only a few dinars I don’t blame you. But if you have a lot of dinars, I would tell you to consider exchanging 10% and holding onto the 90% and watch the float. [NOTE: At the appropriate time consult your financial advisors to build the best exchange strategy for your unique circumstances.]

7-9-2023 Newshound Guru Militia Man The Minister of Transport announced the completion of the port is 60%…At 1310 how many dinars is it going to cost to rebuild a port? How’s that going to work? It didn’t. It’s not finished… Remember this 2023-24-25 budget is retroactive to the 1st of this year…If they change the exchange rate…if they got to 1 to 1 that’s 1300% cheaper. What if they come back to the previous era…around $2.80 to $3.22…that’s 2600% cheaper… amazing how much cheaper that port’s going to be to build. Same with all these construction projects…The country is going to have to import those materials.

7-9-2023 Newshound Guru Kaperoni We’ve been saying for a long time nothing was ever going to happen with the dinar until Iraq diversified their economy. We’re reading about it today that this is their focus.

7-9-2023 Newshound Guru Pimpy All currencies have some type of backing …what supports the IQD is the oil industry. But there are other things out there like the amount of gold they buy, the amount of foreign currency assets they build up, all these things support the IQD. But when you say something is asset-backed that means this particular commodity solely and purposely supports the currency and Iraq doesn’t have any assets or any commodities that solely are developed for the sole purpose of supporting the IQD.

7-9-2023 Intel Guru Frank26 XRP pairing with the dinar is a tell tale sign of an international float that’s coming with a pairing of many currencies with the Iraqi dinar.

7-9-2023 Newshound/Intel Guru Mnt Goat Article: “IRAQ AND GERMANY SIGN A STRATEGIC COOPERATION AGREEMENT IN THE FIELD OF COMMUNICATIONS AND POSTAL SERVICES” Does Iraq need this to RV? NO! But it certainly shows us once again just where this country of Iraq is slowly progressing more and more “open to the rest of the world”.

7-9-2023 Newshound/Intel Guru Walkingstick There are no restrictions on the Iraqi dinar? Yes there are…It’s still a program rate. That’s a sanctioned rate. The Iraqi dinar is in position to trade internationally when they put it on Forex…I believe the Iraqi dinar is being put into position to go to Forex, to go into international platforms without restrictions…

7-9-2023 Newshound Guru Paulette Question: “The latest article…suggests that the HCL will be passed in the next legislative term. When is that term?” The legislative term starts on the 13th but currently the Oil and Gas Law is not on the agenda. When it is, expect a first reading, at least 3 days and probably two weeks before the second reading at which time a Third reading could be waived and the Law voted. If third reading, expect another 3 days to two weeks after the second reading.

7-9-2023 Intel Guru Frank26 Nothing will happen without the new exchange rate. How do you get the new exchange rate? By cleaning the floor of the CBI that has the new exchange rate so all Iraqi citizens will be well protected and their currency will not be stolen anymore, will not be counterfeited anymore … Sudani is busting everybody’s behind and it’s on a daily basis for the monetary reform…

7-9-2023 Newshound Guru Militia Man Halabousi was talking to the leaders of the country, the politicians etc, he says to run away before your arrest on corruption charges. So the Speaker of the House of Representatives is telling the people, those of you that are corrupt, you better start running…There’s been 96 arrests…those arrests probably have some influence on why Halabousi has suggested these guys take off and start running.

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