Iraqi Dinar Guru opinions 9-30-2024
Iraqi Dinar Guru opinions 9-30-2024
9-30-2024 Intel Guru Frank26 They tell you [Iraqi citizens] there is an imminent change coming to your currency almost every day now. That is very exciting. These are the words we’ve only dreamed about in the last 5 years. To see them almost every day is rather shocking but very exciting right now…This is getting crazier and crazier every day with so much excitement and so much information about the monetary reform being sent directly pinpointed to you Iraqi citizens from Sudani.
9-30-2024 Newshound Guru Pimpy Article: “Thousands of protesters trying to storm US embassy is Baghdad after Nasrallah killing” Iraqi protesters are trying to storm the US Embassy in Baghdad…How does that affect Iraqi dinar holders? The last thing you need is for there to be an unstable country with protesters tying to storm the US Embassy…
9-30-2024 Newshound Guru Kaperoni Community Comment: “The US Embassy in Iraq is under siege I’m old enough to remember the last time a middle eastern embassy was under siege with a weak president…I hope this ends better…Pray for US personnel in Iraq” Not good.
9-30-2024 Intel Guru Bruce [via WiserNow] …we are hearing…coming from Iraq, that they will have their smaller denominations ready to go…I don’t think they have ones, but five – 10’s, 20s, 50s, and 100’s that’s their new currency…the three zero notes from Iraq that we have…the 25,000 or 25k notes? …the 10k, the 5k, the 1k – all of those 3 zero notes have been removed from Iraq…that should be done by the 30th this month, the last day of this month.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The census is now…November 20th and the 21st. We will have a curfew during those days.
9-29-2024 Newshound Guru Militia Man Article: “Minister of Transport announces the establishment of the Joint Maritime Authority between Iraq and Britain” …Massive amounts of trade is coming to the ports of Iraq… I suspect Al-Sudani and his teams are fully aware of the priorities needed to make it all happen.
9-29-2024 Intel Guru RAYREN98 Guys it’s over, it’s done and yes I know something you don’t.
9-29-2024 Newshound Guru Clare Article Quote: “Mazhar Mohammed Saleh, economic affairs advisor to Prime Minister Mohammed Shia al-Sudani, described the banking system in Iraq as rentier par excellence…noting that this requires a comprehensive reform process…Saleh stressed that this requires a comprehensive reform process to create market institutions, indicating that this enables the banking market to be integrated with the international financial and banking system and become attractive to global banks on a large scale.”
9-29-2024 Newshound Guru Kaperoni This is a good quote from that article “The expected path of the Iraqi economy” Quote: “The most important indicator, in my opinion, is that despite all the attempts to put obstacles in the way of economic development, intentionally or unintentionally, the government is moving forward with its program, leaving all attempts at obstruction in its wake, and this is one of the secrets of success and the key to hope.”
9-29-2024 Newshound Guru Sandy Ingram One significant difference between Iraq and many other developing and established countries is Iraq’s consistent willingness to pay down debt. Iraq’s foreign debt has now fallen to below $10 billion dollars according to Saleh, financial advisor to the Iraqi Prime Minister…Provisions have been set aside…to ensure these obligations
are met…These external debts are largely tied to the Paris Club Agreement …Iraq is on track to fully pay these obligation by 2028. Saleh highlighted the importance of Iraq’s relatively low level of foreign debt, noting it has significantly improved the country’s financial standing in the eyes of global credit rating agencies, including the US based S & P.
9-29-2024 Newshound Guru Jeff World Trade [Organization]…one of the major things Iraq needs to really move forward towards membership is they need their MFTR [Memorandum of Foreign Trade Regime] completed… Article Quote: “The completion of all these requirements was confirmed in March of 2024.” Iraq’s next meeting is roughly November 6th through the 8th. They will…have all steps complete. That’s when they would be eligible. Their 30 days towards membership would start right around early November…Full member probably by the end of December of this year.
9-29-2024 Newshound Guru Militia Man They will need to have an international IMF Article XIV and Article VIII compliant currency. One that the Central Banks can defend and likely in a very fast and efficient manner with the most advance systems in the world. The focus in the future is going to be instantaneous cross border payments 365/24/7 and no blackouts with little cost. It is now the time to be paying attention…
9-29-2024 Intel Guru MarkZ [via PDK] “Al Sudani advisor indicates a significant development in Iraq’s financial capabilities during 2024” Talking about what they have accomplished with cleaning up banking, more non-oil revenues. This article is a great little victory lap.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There are TV commercials advertising that the Kuwait dinar is at $3.58. They are talking about our new border agreement with Kuwait. The fact they bring up this rate tells me they want to talk about our new rate against it. FRANK: They are talking to you about Kuwait because they need an example to show you what is about to happen to your currency, your purchasing power, to show you what is going to happen to your exchange rate. There will be a change coming.
9-29-2024 Intel Guru Bruce [via WiserNow] …we have a very strong source that is indicating that we will be notified…on Monday, which is the 30th of September this month. That’s this coming Monday, we will receive our notifications.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV news saying the abandonment of the currency auctions by the end of this year. FRANK: I’m hoping before the end of the year because that action would open the door to your new exchange rate and lower notes.
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