Iraqi Dinar Guru opinions 7-30-2024

Iraqi Dinar Guru opinions 7-30-2024

7-30-2024 Newshound Guru Militia Man Article: “Paralyzed for 19 years.. Parliamentary optimism about passing the most important laws in Iraq” Quote: “The oil and gas law is the most important of the suspended laws…this issue will be resolved in the coming days.” There is absolutely no coincidence that this law is on the table now…We never know what the coming days will mean. However, with…where Iraq is in her reforms and the loss of revenues from the Kurdistan Region, the pressure has been mounting for results needing to take place and quickly. This is a very good sign of things to come and likely first or at the same time…

7-30-2024 Intel Guru Frank26 The bad guys in Iraq, whoever they may be, they just don’t want the monetary reform. They don’t want it to happen. You know that. That’s the reason why we don’t have the monetary reform of the Iraqi dinar. Because of the corruption that is occurring inside of the the government of Iraq. But Sudani is in good control…He sure is.

7-30-2024 Newshound Guru tishwash Article: “Parliamentary Committee Expects Oil and Gas Law to Be Approved Soon: Delayed Because It Is a Political Pressure Card” Quote: “The Parliamentary Oil and Gas Committee expressed its “optimism” on Sunday about the imminent approval of the Oil and Gas Law…”

7-30-2024 Intel Guru MarkZ [via PDK] Question: What is the HCL? MarkZ: The hydro carbon law. This is where the Kurdish region of Iraq shares oil profits, government revenues ect …how they handle payments and who gets what. It’s been a huge stickler for 19 years in Iraq.

7-29-2024 Newshound Guru Jeff Article: “Oil MP rules out oil and gas law” I’ve been telling you guys the oil and gas law has been outstanding since 2005. Quote: “This law has been facing political dispute since 2005.” There it is confirmed for you in print…That’s because this law is simply waiting on the rate to change. It requires Iraq to have a tradable internationally recognized currency. That’s it…

7-29-2024 Newshound Guru Militia Man Progress has been intense because there’s some political opposition. I think the US Treasury, Federal Reserve, Central Bank of Iraq, Al-Sudani…have been working to benefit the Iraqi citizens. There’s been blow back…Iraq is not alone in having pressure… Unfortunately corruption has been a problem for many years. Nothing new. But that’s being changed so now it’s getting more intense…

7-29-2024 Intel Guru MarkZ [via PDK] I have heard nothing negative out of Iraq this weekend. Article: “The Parliamentary Oil and Gas committee expressed today, Sunday it’s optimism about the imminent approval of the Oil and Gas Law which has been suppressed for 19 years.” There is discussion about the immediate approval of the HCL. We were always told that within hours of possibly days of the HCL being passed we would see that rate change.

7-29-2024 Newshound Guru Clare Article: “Iraq speeds up steps to join WTO” Quote: “The Ministry of Trade has doubled its efforts to join Iraq to the World Trade Organization (WTO) after participating in a wide round of negotiations that pave the way for full membership…Minister Al-Ghariri expressed his aspiration for the fourth round of negotiations to be held during the first quarter of next year…”

7-29-2024 Intel Guru Frank26 It’s getting serious there’s no doubt about it…The monetary reform of Iraq has blossomed.

7-29-2024 Newshound Guru PompeyPeter Question: “Are two rates operating?” No…there are not two rates. There isn’t 1310 and a hidden rate operating in Iraq or outside of Iraq…It’s against IMF regs and rules. You cannot have two rates operating.

7-29-2024 Newshound Guru Pimpy Article: “Minister: Countries in the region want Iraq to return as a global economic player” We are very aware Iraq is still moving forward with its process into the World Trade Organization…Let them move forward because this will open up the door for them economically, strengthening the Iraq dinar…

7-29-2024 Intel Guru MarkZ [via PDK] Question: Is it still possible to see the RV in July? MarkZ: It is still very possible. And that is an impressive comment as there is only 2 days left in July. Remember though that we do not know the timing…but is it possible? Very

7-29-2024 Newshound Guru Jeff Did you know the US troops are going to start getting removed in the month of September? Did you know Iraq will finish their accession to the World Trade in August? …They still have 150 laws that need to be done. They have a whole bunch of projects they need to start…The budget is not published in the Gazette…Did you know completing and implementing the reforms is a World Trade requirement but yet they’re going to finish their accession in the month of August? …everything is waiting on this right here [the budget]…

7-29-2024 Newshound Guru Militia Man Article quote: “Parliamentary Oil and Gas Committee experts its optimism on Sunday about the imminent approval of the Oil and Gas Law which has been suspended for over 19 years.” They’re telling you they have everything set up to where they’re going to do something…I like the fact they’re talking about it even thought it’s in the coming days…

7-29-2024 Newshound Guru Clare Article: “He is 19 years old and the most important of 150 suspended laws… Will the powers give up the ‘golden paper’ in oil and gas legislation?” Quote: “The Parliamentary Oil and Gas Committee expressed, today, Sunday, its ‘optimism’ about the imminent approval of the Oil and Gas Law, which has been suspended for 19 years,”

7-29-2024 Intel/Newshound Guru Mnt Goat …the CBI very distinctly told us this procedure of the Project to Delete the Zero is NOT a lop…they described what a lop is and how it is used in times to relieve the stress on a currency due to hyperinflation…They are averaging now about a 3-4% inflation rate with the highest of 9% when they did the de-dollarization in 2023. So, the tool of the “lop” does not apply.

7-29-2024 Guest Guru Mike Bara [via Judy Byington] The word I have is that Thursday night 25 July 2024, the US Treasury told Iraq that if they didn’t revalue their currency per the agreements “immediately,” UST would force the issue. Iraq responded that they were holding up because of concerns about some smaller banks that they suspected were doing business with the Iranians. They are determined that no RV funds make their way to Iran, because the two countries are historic enemies. UST responded by seizing the 5 banks, consolidating them into a single, manageable entity, and pushing the RV through. …Sat. 27 July 2024 the Central Bank of Iraq made the announcement regarding this transaction. As far as I know, this is the last hurdle to the revaluation.

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