Iraqi Dinar Guru opinions 8-16-2022

Iraqi Dinar Guru opinions 8-16-2022

8-16-2022 Newshound Guru Militiaman CBI told us the 08/15/2022 all banks must be hooked up to the new electronic platform. Why would they need a new platform if they were going to stick around at a 1460 rate? They wouldn’t.. The next stage is going to the private sector…GOI put out all the educational videos over the last week or two.. All for the next stage.. imo

8-16-2022 Newshound Guru Samson Article: “The Central Bank is silent” .. Economists diagnose “disasters” in the currency auction, and beneficiaries: inaccurate”

8-16-2022 Intel Guru MarkZ [via PDK] Still hearing dong around $2.30 and Dinar around $4 bucks. This is the “street value” .

8-16-2022 Newshound Guru BobTheTaxMan The facts regarding taxation on the IQD – It’s going to be ordinary income. Meaning it doesn’t get the favored tax treatment that a capital asset would…the taxes due will be calculated by your person tax bracket and your marital status when you exchange the IQD for the USD…the maximum taxation on IQD exchange would range from about 37% for the federal and then we have California that wants to add 13% [or what your state wants] more so you’re looking at 50% you’re gonna lose…

8-15-2022 Guru Nader From The Mid East It’s a good news. Even with their crisis going on in Iraq the private sector are doing a lot better and the revenue besides the oil revenues is up and it’s increasing and it’s gonna be a lot better. Like I said before it’s a waiting game so you’re gonna have to wait a little bit until everything is set up.

8-15-2022 Intel Guru MarkZ [via PDK] [Did they kick the can again?] I don’t think they are kicking the can…. There were a lot of behind the scenes things moving today…I did have some conversations with Iraqi contacts today. I am still hearing the rate is agreed to and the timing is agreed to with the CBI. I’m feeling confident guys even though we don’t know the exact timing. Contractors are pretty excited. My 3 contacts won’t share what the rate is but just said they were very successful getting the new contracts and rates renegotiated. I wish I could say more but I am walking on the razor with this one.

8-15-2022 Newshound Guru Kaperoni Two new articles came out tonight one from central bank and another from an advisor of the prime minister both of them confirming that currently there is no reason to change the exchange rate and only with the success and growth of the economy can the dinar exchange rate change.

8-15-2022 Newshound Guru Samson Article: “The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction” Quote: “…the issuance of a decision regarding the exchange rate of the dollar to decrease or raise is excluded at the present time. The best solution to end the crisis of the devaluation of the dinar is the currency to strengthen the local currency, expand its activity and diversify its sources…”

8-15-2022 Intel Guru MarkZ [via PDK] There is zero negative news. Even though they are blowing smoke, backtracked on it, planted more smoke and backtracked on it… We saw the same kind of smoke coming from Kuwait and China when they RV’d in the past. Things are happening just as we expected they would.

8-15-2022 Newshound Guru Clare Article: “Dissolving Parliament without forming an interim government means that Al-Kazemi and Barham will remain” IS THIS A FORMAL ANNOUNCEMENT? …NO IT IS NOT…DO YOU SEE THE CHESS GAME GOING ON? KAZEMI, SADR & SALIH HOLD THE CHECKMATE MOVE … THIS MAN Alaa Al-Rikabi, HAS ANNOUNCED WHAT IS ABOUT TO HAPPEN AND HOW? THROUGH SOCIAL MEDIA DIRECTLY TO THE PEOPLE! AS WITH IRAQ WE WILL SEE THE BACK AND FORTH IN THE ARTICLES … WE WILL SEE KAZEMI MAKE HIS ANNOUNCEMENTS VERY SOON…

8-15-2022 Newshound Guru Pimpy A “Floating Exchange Rate” is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies. This is in contrast to a “Fixed Exchange rate in which the government entirely or predominately determines the rate. We know right now the Iraqi dinar is on a fixed rate. A floating exchange rate is one that is determined by supply and demand…

8-15-2022 Newshound Guru Pimpy If there’s a huge demand for the Iraqi dinar, and I would imagine once it hits the Forex you would see people streaming over to it, it would definitely change the Iraqi dinar’s exchange rate. It would increase it…right now Iraq’s currency is pegged to ours. It’s not floating. Once it floats though it should be a free-for-all. I’m curious to see how the Iraqi dinar is going to handle being on the Forex market.

8-15-2022 Intel Guru MarkZ [via PDK] [Today is the 15th. Contractors payday!…Are the contractors being paid in IQD?] My contractors are excited even though I do not have specifics on rate. The re-negotiations went exceptionally well. Now we will see if payday is this week with the new rate or not. [This would be an excellent week for the RV to begin] Yes it would…we are hearing positive things…I am very excited about this week. If we do not see the new rate this week …I believe we may have clear site as to when to expect it. So many things…real world things and even behind the scenes things are all coming together… We will have to sit here at the edge of our seats while we watch this play out.

8-15-2022 Intel Guru Frank26 Article: “Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles” IN MY OPINION, IT LOOKS LIKE IT’S GOING TO BE THIS WAY…

8-15-2022 Newshound Guru Militiaman Article: “Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues” A very bullish report out from the CBI. Increase in reserves is expected, continuous growth from non oil revenues and the implementation of the white papers. The CBI is telling us the next stage is to be even better…

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