Iraqi Dinar Guru opinions 9-2-2021
Iraqi Dinar Guru opinions 9-2-2021
9-2-2021 Intel Guru Frank26 Article “Proposal to digitally reintroduce small denominations” What’s that say? …6 or 7 articles show you just raised the value of your currency? Why? If you raise the value of your currency it will not work with the 3 zero notes. You’d have to introduce another denomination… Quote “Central bank to digitally reintroduce small denominations, which would proved sums for the public, after amending the digital banking system.” They’re telling the citizens the new small category notes {NSCN’s] will come after [The RI/rate change]…they will coexist [with 3 zero notes]…
9-2-2021 Newshound Guru Desert Advisor Article “Minister of Finance Ali Abdul-Amir Allawi confirmed that the process of changing the dollar exchange rate contributed to reforming the economic system” Changing the dollar exchange rate? Read that? They changed the dollar exchange rate? Well what is it? They haven’t told us…they reformed their banking system already…within three weeks a new budget…they changed the exchange rate but they having said what it is.
9-2-2021 Intel Guru MarkZ …we are seeing a lot of changes as they are adjusting rates… also had a couple bankers reach out to me today and they are seeing different rates. Rates are popping in and popping off the screens. They are seeing the Iraqi dinar popping in and out and its not normally on the screens at all…so this is interesting. They are also seeing fluctuations in the Kuwait dinar…this has been sliding up into the low to mid teens…..they have not seen anything pop over the $15 range yet. This should tell you there is movement because we have always been told that the Iraqi dinar rate will be close to the Kuwaiti Dinar or on parity with it…
9-2-2021 Intel Guru MarkZ Question “Do you still feel like it will RV?” Absolutely!! 100%. it’s a when not an if…The question now is do we get a full reset or do we get a revaluation of a smaller number of currencies. But I am still looking for it to absolutely happen.
9-2-2021 Intel Guru Bruce We are very close – Iraq is ready – they’ve been ready – they’ve got their in country rate which is going up – they have a new rate the CBI told us that we would have on our front screens – we don’t know what the Dong rate will be but we think it could be close to the Dinar – everything else is going to be a fun surprise for us – I really think we’re going to be in good shape.
9-1-2021 Speicalist Guru BobTheTaxMan Under the new administration we’ve got there’s huge changes that are going on, particularly in the estate tax arena. Anybody who makes over $400,000/$1 million you can expect they are going to be taxed to pieces…[Hopefully that includes everyone who owns dinars!] So there has to be new strategies made and put into place…we anticipate this thing may RV, it may be a short quick opportunity to be able to move in, get it done and get out. What do you need to have to get sure you’re going to be relieved from having the hugest taxes possible…? [NOTE: Consult with your tax professionals to get the answers to your unique circumstances at the appropriate time.]
9-1-2021 Intel Guru Flemings What we hear – “money is moving.” What we see – “money of account” is obvious (for some) and verified by bankers. What we feel – all is done, and Tier 4 is next. When though? No one is saying anything definite because no one wants to be caught wrong again. (Likely, they are trying not to attract the rude behavior.)
9-1-2021 Intel/Newshound Guru Frank26 Article “The Iraqi Finance Minister supports the floating of the currency” Quote “The Iraqi currency is floating, but the central bank intervenes from time to time until it places it pithing a certain bar…floating the currency is fully or partially liberalizing the exchange rate…” Let my exchange rate go!!!
9-1-2021 Newshound Guru Pimpy You guys brought to my attention the article in which a Financial Minster of Iraq Allawi says he supports a floating exchange rate which is good…that means the market dictate the value of the Iraqi dinar. That means the Iraq dinar is not pegged to the US dollar any longer. Good. That’s what you want. But it’s not a true floating exchange rate. That’s what we call a managed float or a dirty float. In other words it floats on its own depending on what the market things of it but if it goes too far one way or the other the bank interferes with the rate change and affects it either way – going up or down.
dinarguru.com