Iraqi Dinar Guru opinions 7-2-2024

Iraqi Dinar Guru opinions 7-2-2024

7-2-2024 Intel Guru yada …The postponements…were necessary in order to keep certain people and individuals from gaming their system even more. Maliki for one, money laundering, ISIS and the lack of a secure banking system that would hold up under their gang like system of operations. Today, their digital banking is internationally connected and secure and the other countries know their investments will not be lost…there have been many articles affirming Iraq is stable…the conditions are still ripe to see the exchange any moment.

7-2-2024 Newshound/Intel Guru Mnt Goat Like I said way back in 2023 even before the budget was finalized that there would NEVER be an RV rate in any budget. Why? Because the Iraqi budget is based on the selling price of a barrel of oil and not their currency rate…Budgets are based on revenues not currency rates.

7-2-2024 Intel Guru MarkZ [via PDK] I feel that as far as Iraq is concerned it is done and prepared. They are just waiting on the “go” so they can announce and move forward.

7-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They tell us on July the 18th we will be official but they keep hinting…that we’re already part of the WTO. They got some guy from the WTO saying that the WTO got this on our WTO calendar already… The newscast saying that is the day Iraq is fully accepted with no hold back or limitations on our currency. FRANK: This is very good news. IMO the new exchange rate should be well before that date…

7-1-2024 Intel Guru MarkZ [via PDK] On the Treasury side the rumors are dropping left and right. Everthing from “It’s tomorrow” to “oh no- they delayed it another month” Crazy rumors….same sources are telling different people different things. That tells us its “MISINFORMATION” and it is done on purpose. Stay calm and remember the fundamentals. Iraq is still looking great. They still have the new ATM’s, they still have conversations saying they are going to delete the zeros. And they are still having the conversations about releasing the lower denominations in July…things still look great.

7-1-2024 Newshound Guru Clare Article: “Dinar Explainer 1: Why Iraq has Two Exchange Rates” Quote: “On a recent webinar organized by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University explained the causes and effects of Iraq’s dual exchange rate…” 1. Excessive Demand for US Dollars Internationally:… 2. Internal Demand for Dollars… 3. De-Dollarization Efforts by the New York Fed: The New York Federal Reserve has restricted dollar transfers to reduce dollar flows to Iran and Syria. They have also excluded over two dozen Iraqi banks from transactions, which has increased the complexity and demand for dollars in Iraq.

7-1-2024 Newshound Guru Pimpy Article: “Customs complete the first phase of the automation project and reveals its revenues within 5 months” They’ve been kept in the dark ages for a long time. Everybody was doing everything by paper and pencil and it was kept that way for a reason…Banking and other institutions are seeing their companies change with this new technology are going to be excited. It’s going to make their work a lot more efficient…it’s only going to get better for Iraq. This is one of those way they can generate revenue other than from oil. This is exactly what they need to diversify. Quote “revenue rate will raise by the end of this year to 200% from what it was in 2022.” That’s a hell of an increase…it’s going to boom over there…

7-1-2024 Intel Guru MarkZ [via PDK] there are some things out of Iraq that should make us feel good today…“The President of Iraq approves the 2024 budget schedules” Rashid approves a number of laws including the 2024 budget tables. My contacts over there are saying they got the budget tables posted in the Gazette…but did not get a new rate. They let us know that they figured the budget of 2024 on an average price of a barrel of oil at $80 USD. This is progress.

7-1-2024 Intel Guru Frank26 If it [the budget] comes out in the Gazette with the old rate, there’s only two budgets left, one with the old rate and one with the new rate but if they come out with the one with the old rate don’t worry about it, it’ll change very quickly.

7-1-2024 Newshound/Intel Guru Walkingstick Sudani rewrote the contracts and recalculated them in accordance with the rate in the budget…They’ve been running a budget with the new exchange rate and a budget with the old exchange rate…

7-1-2024 Newshound Guru Militia Man Iraq…hasn’t had a real effective exchange rate for over 20 years…Man we’re really really close.

7-1-2024 Intel Guru Frank26 A few people were saying, ‘boy the news out of Iraq is really slow.’ It’s not slow. The calm before the storm…that phrase fits perfect right now…It’s not slow, it’s simply very silent because that’s the phase we’re in right now. The phase we’re in right now…to announce the new exchange rate, they are being mum. They are being mum about the budget right now…

7-1-2024 Newshound/Intel Guru Mnt Goat I…asked [my CBI contact] how the rate of the dinar would be determined in the future…I was…told that “you know and I know that the rate of the dinar is now being artificially suppressed”…I was told that Iraq is in a much better situation now prior to the 1990 embargo and so why not have an international rate again with at least a rate equivalent to the late 1980’s prior to the invasion…

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