Iraqi Dinar Guru opinions 9-7-2023

Iraqi Dinar Guru opinions 9-7-2023

9-7-2023 Newshound/Intel Guru Mnt Goat Iraq records the highest oil revenues since the start of 2023 which is also 2/3 more oil pumped than in 1991. The dinar rate in 1991 was over USD $3. So why is the currency still being under valued? Yes, it is important to get out of a “rentier economy” based solely on oil and this will also create yet more wealth. But what about right now…I am talking about today! Doesn’t the oil wealth mean anything? Doesn’t the 113 billion in reserves and 132 tons of gold mean anything? Not to mention all the minerals and agricultural products being exported. So why still at 1/6 of a penny?

9-7-2023 Newshound/Intel Guru Mnt Goat I address this question to guru Kaperoni who still thinks Iraq has to grow their economy first to get the current TRUE VALUE of their currency reflected in their rate. SO grow it to what standard? What is the benchmark when they would turn on their currency? Did they shut it off because of the war and so the war has been over for 20 years. Yes, that is Obama’s plan not Dr Shabibi and it is a bad plan and will not work. Iraq needs its currency to grow the country and it’s economy.

9-7-2023 Intel Guru Frank26 Question: “Will we have to pay any kind of tax after or during the exchanging of the dinar for American dollars?” When you go to the bank and you present your dinar…don’t leave your eyes off of them. You make sure that you see your account has been credited…At that point they are not going to say to you, ‘Ok Mr Frank you have 1 million dinars you owe $300,000 in taxes.’ A bank doesn’t collect taxes. They’re not made to do that…They don’t have the facilities to collect taxes from you as an individual…

9-7-2023 Intel Guru MarkZ [via PDK] Question: If IQD and VND have agreements…will they not float up together? MarkZ: I do not expect a float. But, I am prepared in case there is one. I expect a substantial change in value …then maybe a small float.

9-6-2023 Newshound Guru Kaperoni I assure you the dong will also remain weak since Vietnams economy has to compete with China for mfg contracts.

9-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is now showing the CBI now has finger prints and web cameras when purchasing dollars for travel abroad. They’re not letting anything slip anymore. The purpose Sudani said is the CBI is happy to do this because some people are still pulling tricks and getting away with buying and selling more dollars. This will help curtail this corruption. FRANK: Every form of corruption is being removed. And every form of corruption is stealing the Iraqi dinar.

9-6-2023 Newshound Guru Militia Man Article: “Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government’s policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees…” …People want their money. You have to ask the question, Why have they gone from July and into September and they’re being placated. For what reason. What do they know is keeping them at bay? …they’re not going to stand for not getting paid…

9-6-2023 Newshound Guru Pimpy Looks like Russia and Saudi Arabia agreed together to keep [oil] production low until the end of 2023. This is definitely going to drive the price of gasoline up…As soon as that announcement was made, oil jumped up to above $90…

9-6-2023 Newshound Guru Clare Article: “Iraq maintains its credit rating with a stable outlook” Quote: “A report by Standard & Poor’s Credit Rating Agency (S&P) revealed that Iraq maintained its credit rating at B – / B with a stable outlook, with an emphasis on financial and economic stability.”

9-6-2023 Newshound Guru Breitling The [CBI] governor flat out said they cannot float the dinar…I think the governor of the CBI knows what he’s talking about…

9-6-2023 Intel Guru MarkZ [via PDK] There are interesting things showing on currency converters…from the Forbes one to the EIX…. There are some interesting values showing on many of our currencies… There are a lot of “inconsistencies” on currency calculators right now. We are seeing Bolivar made it up to .35 cents. (doesn’t mean you can exchange it right now) We tried… Dong rates have also been bouncing around…

9-6-2023 Intel Guru MarkZ [via PDK] …we are starting to see changes in bank values etc. But, not an open trade on them yet…We have seen this in the past and it’s our theory that they are preparing the process when we see those rate changes. Is this the one where they actually pull the trigger???…The banker side has a lot of anticipation for late this afternoon…We have bank personnel keeping us abreast if any of these currencies become “tradable”…We will see what materializes.

9-6-2023 Newshound Guru Kaperoni Article: “Tabaqchali: Banks to Fuel the Iraqi Market’s Next Phase” A step to diversify Iraq’s economy.

9-6-2023 Intel Guru Frank26 If we had about a million Americans citizens all of a sudden came out millionaires instantly that would be a really good shot in the arm for America’s structure wouldn’t it? It would…

9-6-2023 Newshound/Intel Guru Mnt Goat Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site. This is not true, however I believe this is their next target rate and maybe the last rate change prior to moving ahead once again aggressively with the plan for the reinstatement. Seems this dollar issue has stalled their plan for now but they will overcome it as they always do but it takes time.

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