Iraqi Dinar Guru opinions 9-24-2021
Iraqi Dinar Guru opinions 9-24-2021
9-24-2021 Newshound Guru Pimpy This is my opinion, my opinion only as they continue to rebuild they’re going to need a much stronger currency but right now I think what they’re trying to do is figure out how to just manage the budget, which they’re doing, implement the white paper reforms, all the things that need to be done for them to get on solid ground, which they will, but once that starts to happen and it looks like they’re definitely heading in the right direction, they’re going to have to change the value of their currency. It has to start increasing in value… I think it’s going to go up in increments…quickly over time…
9-24-2021 Intel Guru MarkZ [via PDK] [Is there a time limit to exchange…. Should we hold off exchanging it all at once?] I think that is a bad idea. But you guys have to handle it how you think it’s right for you. …It’s my understanding from almost all of my banking contacts that this exchange is covered via a treaty and the amounts/rates are covered via a treaty. They are not going to fluctuate or change. So for me, I plan on exchanging it all and getting done…my concern is what if they shut it down after 20 or 30 days or so….I want to be done. [NOTE: At the appropriate time speak with your financial advisors to build a plan for your unique circumstances.]
9-23-2021 Intel Guru Fleming Everybody is zipped up tighter than a drum. No matter. We know everything anyway. Iraq has a new budget to announce. They’ve got a new currency in the bank. All of this is verified from multiple boots on the ground. This announcement is committed before the first of October, which is also the same time to deliver the budget to the Iraqi Nationals. The new Golden Dinar is in the banks and the plan is being cemented by announcements describing this new abundance, roaring from the huge jumbotron monitors in every town square.
9-23-2021 Intel Guru Fleming Once Iraq makes the announcement of the new Golden Dinar, as international, they have 4 days to get certain things done. It usually takes 3 to 4 days to get all protocols done. This money is in the banks but waits for this announcement and appropriate timing, to be loaded in ATMs. Announcements are expected to be out in the Mosque on Saturday. This Saturday, September 25th is a good day for everyone to see this RV GCR launch begin in earnest.
9-23-2021 Intel Guru Frank26 Every country has been in Iraq. I’d also like to say every damn central bank on this plant Earth has been in Iraq…
9-23-2021 Newshound Guru BobTheTaxMan [Exchange tax scenario] You’ve got the IQD in your hot little hand…you run to the bank or an exchange location of some kind. You hand them the IQD, they hand you dollars… Yay hallelujah! You’re automatically exposed to ordinary income taxes…if it’s under $400,000 it’s going to be treated exactly the way it has been under the Trump Administration but when you get over that $400K mark it’s a new ballgame.
9-23-2021 Newshound Guru BobTheTaxMan You lose more on schedule A. You have a higher tax bracket. If you hit that million mark and particularly the 5 million mark in your exchange they whack the heck out of you. And now plant your butt in California and see what it does. I did a calculation today – 60 some odd percent between the fed and the state. 60%. [Note: At the appropriate time consult your tax professionals to create a tax strategy that’s right for your unique circumstances]
9-23-2021 Intel Guru MarkZ [via PDK] …it has been an exceptionally quiet 18 hours on the RV front. Wish I had more for you but it is just silent and quiet on the RV front…Everyone I talked to are just scratching their heads….noone has any news as we try to figure out where we are at…They still all have expectations and are sitting at the edge of their seats. I tend to think we may be waiting for bombshells to drop tomorrow.
9-23-2021 Newshound Guru Pimpy Article: “In preparation for the upcoming Baghdad conference, the formation of a ministerial committee that includes Iraq, Jordan and France” Looks like Iraq is going to be hosting yet again another type of conference in Baghdad. This is good. They’re networking with other nations. This is what you want – to start getting out back on the international scene which is important to strengthen their economy. We know what happens if your economy is strong, well so is your currency…
9-23-2021 Newshound Guru Desert Advisor You probably realize Iraq is still .0006 as an exchange rate compared to the dollar and all the other countries [In the region] so…they need a strong foundation when it comes to their economy and how’s that going to happen? First off they need to make sure they they make the right connections. So who are they talking to? Article: “Al-Kazemi’s government signs the two largest contracts that will put Iraq in the category of the largest energy sources in the Middle East”.
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