Iraqi Dinar Guru opinions 8-23-2022
Iraqi Dinar Guru opinions 8-23-2022
8-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They’re saying the reserves will be over $92 billion by the end of the year…we believe it’s a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: …The education of the monetary reform is being expressed to you successfully…Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not…And look who’s telling it to you. The leaders. These are the best of times for your country.
8-23-2022 Intel Guru MarkZ [via PDK] I am being told you will have 10 days to set the appointment and 30 days to exchange. Then I am being told 30 days after it actually goes …we will not be able to exchange the big notes anymore.
8-22-2022 Intel Guru Frank26 The auctions are there because when they sell their oil in American dollars it’s then converted into Iraqi dinars. The auctions are now being changed that whenever they sell their oil it’s being sold in Iraq dinar…There will not be an avenue where they can steal in the transaction from American dollars or foreign currency into Iraqi dinars…
8-22-2022 Newshound Guru Militiaman If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community. All of which are watching and converging for the same thing. The UN…told us that the political issue is not impossible and the reforms can go forward.
8-22-2022 Newshound Guru Pimpy …We know the dollar is declining. I’ve been saying that now for quite some time…it’s dying. It’s dead. It’s like a zombie walking around…they [Iraqis] need to unpeg themselves, if Iraq was smart they would do the same thing that Russia does…if you’re going to buy our oil…you have to use Iraqi dinar, period…the country is already rich as it is, whoa, I can’t even begin to imagine what would happen if they did that…
8-22-2022 Newshound Guru Kaperoni Many people don’t like the fact that I constantly state there is no RV. But that’s the truth, it’s not how monetary policy works…We have to hope that Iraq can diversify their resources away from oil and create a private sector economy that begins to flourish. Only then can the CBI allow the dinar to gradually appreciate via a float.
8-22-2022 Newshound Guru Sandy Ingram Article: “Central Bank: Cash reserves to rise to $90 billion by the end of 2022″ …as a result of the rise in global oil prices…the increase in gold reserves and certainly the increase in cash reserves is part of the process for a higher exchange rate against the US dollar.
8-22-2022 Newshound Guru Samson Article: “Ahead of Egypt, Iraq is ranked 79th in the world as the poorest people in the world”. Quote: “Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, where the Iraqi per capita GDP amounted to 12,141 thousand dollars annually”
8-22-2022 Intel Guru MarkZ [via PDK] [Are we still looking at a month out?] Not based on what I hear from contractors in Iraq. I think much sooner. But, none of us know the exact timing.
8-22-2022 Intel Guru Frank26 Article: “The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network” GETTING READY FOR A MEDIA CAMPAIGN WITH THE CBI…
8-22-2022 Newshound/Intel Guru Mnt Goat …I will say that something is in the planning stages with this IQD currency. Of course they are not going to give us a date. I still believe our best target is January 2023 but this too is conditional in forming the new govt and ridding Iraq of corruption.