Iraqi Dinar Guru opinions 8-15-2023

Iraqi Dinar Guru opinions 8-15-2023

8-15-2023 Newshound Guru Militia Man Article Quote: “The parliamentary economic committee stands with the government and the central bank in fighting the speculators at the exchange rate…” Everybody’s in agreement we need to fight this parallel market – we need to shut it down. Again, what is the easiest way to shut it down? Change the exchange rates to a Real Effective Exchange Rate shuts is down. In a broad sense that’s what they’re actually saying without saying it…

8-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Friend from the bank said this is what I heard trough the rumor mill. There will be another push. It will be the final push round up of the heads of corruption coming very soon. They are looking for a blend of the budget and money flow after this final push. This is just from the rumors.

8-15-2023 Intel Guru MarkZ [via PDK] Question: We have never seen an RV…so how do we know what to expect? We have seen RV’s (Re-Valuations). We may not have seen a world-wide event…but there have been many RV’s. We saw one in China in the 90’s…We saw Kuwait go through one in 91…in the 1970’s we saw Iraq go through one…After world war 2 we saw Japan go through this…We have seen Germany go through this twice…once after world war 1 and once after world war 2. This is not unprecedented.

8-15-2023 Intel Guru MarkZ [via PDK] Comment: [Guru] Nader said, corruption slowed down RV IQD no budget no HCL? [reference Nader post 8-14-2023] MarkZ: Remember these are the same stories we saw before the RV is Kuwait…The same stories we saw in China…the same stories we historically see before any revaluation of any currency in the last 100 years. Could it be a little longer? It could but I don’t think so…they are desperate and need the rate…

8-14-2023 Intel Guru Frank26 Question: “Has the oil and gas law been passed and implemented as the articles indicated?” Yes but IMO it too has to wait for the new exchange rate.

8-14-2023 Newshound Guru Militia Man …Alaq, the Central Bank Governor, he’s not new to Iraq. This man’s been involved for many many years. He led the Arab Monetary Fund. He spent time there as the head honcho and now he’s back here to do what? To finish this process. He recently stated the Iraqi dinar and/or subsequently the project to delete the zeros from the exchange rate still exists. If anybody’s telling you this is a joke you really got to think about it and say did he really say that?

8-14-2023 Intel Guru MarkZ [via PDK] …in the news “Argentina has a 18% devaluation of their currency” Just Boom and they flipped the switch. This is what a number of countries are facing if they do not asset back their currency. Argentina may be a “motivator” for Iraq, Vietnam and other countries to go ahead and pull their triggers…in a positive way on their values.

8-14-2023 Guru Nader From The Mid East What’s slowing down the RV…and it’s going to slow it down more and more until they find a solution for it. It’s not the HCL…budget….What’s slowing down the RV is the corruption…You guys have no idea how much corruption going on in Iraq…It’s like a big mafia…bigger than the government for now…It’s going to be a big fight…When the corruption goes to 20%, 15%, 10% that’s where the RV is gonna happen…

8-14-2023 Newshound Guru Sandy Ingram Jeanine Hennis-Plasschaert, UN Special Representative in Iraq “Pervasive corruption is a major root cause of Iraqi dysfunction. And frankly, no leader can claim to be shielded from it.” There will be little to no increase in currency value in Iraq until multinational companies can safely invest in Iraq without corruption or safety issues.

8-14-2023 Newshound Guru Samson Article: “Adviser to the Prime Minister: The financial situation in the country indicates a high degree of stability.”

8-14-2023 Newshound Guru Militia Man The House of Representative …Central Bank of Iraq…the legal departments all got together. What are they talking about? They’re talking about implementing allocating and spending money for this budget. Anybody thinking this is not happening I have to disagree with you…

8-14-2023 Intel Guru Frank26 The CBI cannot change the rate of the American dollar…but they can change the rate of the Iraqi dinar…which will affect the rate of the American dollar to the point of not being used in Iraq any longer and that gives birth to a new sovereign national currency…

8-14-2023 Intel Guru MarkZ [via PDK] No negative news over the weekend…We are expecting a very busy week between now and the 20th….

8-14-2023 Newshound Guru Clare Article: “urgent… After a long wait, the Ministry of Finance finally publishes the instructions for implementing the budget”

8-14-2023 Newshound Guru Militia Man It’s been weeks…and still to this day they haven’t actually shown us the spending ability of the budget. Why is that? It’s obvious – they’re not coming out at 1310, 1320 or 1305…

8-14-2023 Newshound Guru tishwash Article: “The Sudanese government acknowledges the experience of dollar speculators and counts on September” Quote: “The launch of the budget definitely means the availability of funds… and this means that there is a large cash flow. ” Al-Awadi added, “Many financial advisors in the government hope, with the release of budget funds, that next month will be a catalyst for the very large decrease in the dollar exchange rate.”

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