Iraqi Dinar Guru opinions 8-28-19
Iraqi Dinar Guru opinions 8-28-19
8-28-2019 Newshound/Intel Guru Mnt Goat Article: “THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY” I especially like the heading of the article. This process is now on the way. Hold tight…its coming…
8-28-2019 Intel Guru Frank26 Iraq is not a lop. No. A lop is to add zeros to the exchange rate. Iraq is…constantly telling you they’re lifting three zeros from their exchange rate…when someone says to you it’s a lop ask them are they adding three zeros to the exchange rate or are they taking away?
8-28-2019 Newshound Guru Bloodloch If the triple-zero Iraqi dinar is allowed to float, in conjunction with the introduction of new, lower denomination currencies valued near to US dollar equivalencies, it’s going to float like a ballistic missile. Am I worried that they can’t do that with 42 Trillion IQD in outstanding currency? Nope. Why not? Because their annual Gross Domestic Product is 269 Trillion IQD.
8-28-2019 Newshound Guru Bloodloch Does that mean we can divide the first into the second and get an exchange rate? Nope. That’s just the velocity of money formula. Does that mean if they stop the auctions and everyone inside Iraq’s borders must then conduct all business with both old triple-zero, and the suspected upcoming new three-missing-zeros Iraq Dinar notes and coins, existing side-by-side as promised, that their money supply will plummet in terms of face value outstanding and that less of a thing is a more valuable thing? Yep.
8-27-219 Intel Guru Frank26 …the Central Bank of Iraq has made an announcement that they’re in the the process of deleting the three zeros from their exchange rate to add value to their currency to give their citizens purchasing power within their own country at a 1 to 1 peg to the American dollar…there is no date…it’s speculative…there is no maturity rate either…
8-27-2019 Intel Guru MarkZ [When will the reset be announced?] I believe it will be announced several days after we exchange…for security… years ago the reset was set up to go over a 3 day weekend…now with the speed of the QFS I believe it can go worldwide within seconds…so I do not think the 3 day weekend is as necessary to the reset as it used to be…
8-27-2019 Newshound Guru Kaperoni Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed first. There’s only two ways to do this, either float the dinar and allow the currency to appreciate. Or redenominate/Lop and remove them all at once which is a neutral event. I assure you…talkin about some mythical RV/RI will never happen because there’s too much currency in circulation. If the CBI follows the plan that changed back in 2012 which called for a market economy, we could see the dinar float rather than this LOP. Gradually appreciating in value overtime per the IMF and documented in the 2012 Article IV Consultation.
8-27-2019 Newshound/Intel Guru Mnt Goat The news for our investment could not get any better. It is moving along just as I said it would when they were ready. They are now ready. So far the educational process is right on target. In fact I am surprised the have ramped it up so much. Multiple articles every week now. Along with the increase in news articles we are now also see repeated replays of broadcast on the Iraqi TV stations about the coins and the project to delete the zeros. WOW! …Did you buy your champagne yet?
8-27-2019 Intel Guru RayRen98 Article quotes: “The change of currency means that a new currency will replace an old currency, with a fixed exchange rate, and the zeros of the old currency will be removed or the decimal selections are removed to the left,” he said, adding that “part of the currency restructuring plan and banks includes the creation of coins for trades.”; “The Central Bank decided earlier to develop a plan to develop coins as part of the currency restructuring plan, which requires the approval of the House of Representatives as a strategic plan that will support the value of the Iraqi dinar in trading,” This is one of the “latest” articles about the coins…this is all you need to know about the RV. Be sure to send it to [those] that are telling you it’s going to be a float.
8-27-2019 Intel Guru Eagleone2025 MY SOURCES HAVE SAID THAT WE ARE LOOKING STRONG IN SEPT. …WH AND DC SOURCES HAVE SAID THE WINDOW IS SEPT. THEY STATED THAT THEY WANT IT DONE BY OCT. I CAN TELL U THAT THE SEPT OCT WINDOW IS VERY POSITIVE… KEEP YOUR HEAD UP AS I SAID IN JULY SEE U IN SEPT.
8-27-2019 Newshound Guru Dinar Investor – Jeff …three week ago I told you…the best time to start reeducating the citizens…about the deletion of the zeros and the coins would be approximately 30 days out before the rate change. And notice how they started doing that around Monday of last week and they’re still doing it…they can’t do that too far out because the citizens are gonna forget that information…the best time to do it would be roughly 30 days out before changing the rate that way it stay fresh in their minds…