Iraqi Dinar Guru opinions 3-2-2021
Iraqi Dinar Guru opinions 3-2-2021
3-2-2021 Newshound/Intel Guru Mnt Goat Article: “AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE” So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles… that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher… there is much pressure to finally get this done. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 3-1-2021
Iraqi Dinar Guru opinions 3-1-2021
3-1-2021 Newshound Guru Jeff Iraq is completely on par with Kuwait. Iraq and Kuwait’s fiscal year (I know this for a fact because I’ve already consulted with the Iraq government) is April through March of the following year. That’s why Kuwait changed at the end of April [March?] to accommodate the March fiscal year…If you want to know when Iraq’s doing their rate change, they’re doing it on the exact same historical Sunday when Kuwait did theirs…Iraq is following in Kuwait’s footsteps. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-28-2021
Iraqi Dinar Guru opinions 2-28-2021
2-28-2021 Newshound/Intel Guru Mnt Goat Article: “TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR” Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want… Article quote: “A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS THE US DOLLAR, WHICH IS ONE DINAR EQUALS ONE US DOLLAR…and work in the future to return a new exchange rate. EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY.” …With oil expecting to climb way over $100 a barrel Iraq will be swimming in wealth and its an excellent time to do this… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-27-2021
Iraqi Dinar Guru opinions 2-27-2021
2-27-2021 Newshound Guru Jeff Iraq has pretty much at this time stopped the in-country currency auctions of auctioning off the US dollar. At this time they’re only auctioning off the US dollar abroad – outside the country of Iraq. They’ve been doing this for about the last 2 weeks. So at this point the in-country auctions have ceased and ended. This is great for us. This is more confirmation we’re inching up on the rate change. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-26-2021
Iraqi Dinar Guru opinions 2-26-2021
2-26-2021 Intel Guru Frank26 Article: “Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month.” Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: “to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era.” This translation ugh! But you understand don’t you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era…that’s what Dr. Shabibi said would happen and that’s what’s happening. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-25-2021
Iraqi Dinar Guru opinions 2-25-2021
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-24-2021
Iraqi Dinar Guru opinions 2-24-2021
2-24-2021 Newshound Guru Jeff Iraq is walking in Kuwait’s footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday…Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They’re going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That’s why they told you they’ll be presenting the budget in just a few months…we are in the best position. History is repeating itself between Iraq and Kuwait…we are very very close to this… Read more…
Categories: IRAQI DINAR POLITICS & ECONOMY Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-23-2021
Iraqi Dinar Guru opinions 2-23-2021
2-23-2021 Intel Guru MarkZ [via PDK] [Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not…. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So the value goes up and the zeros go away. Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-22-2021
Iraqi Dinar Guru opinions 2-22-2021
2-22-2021 Newshound Guru MilitiaMan Article: “Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?…” Quote: “It was also “expressed” in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability.” Looks like Iraq has been given the GREEN LIGHT!! …I like the use of the word expressed…It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They’ll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country’s reforms going forward…Imo. Game is about to kick off. imo. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-21-2021
Iraqi Dinar Guru opinions 2-21-2021
2-21-2021 Intel Guru Footforward […Why does everyone keep saying we will only have a short time to exchange?…] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-20-2021
Iraqi Dinar Guru opinions 2-20-2021
2-20-2021 Newshound Guru MilitiaMan Articles: “The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget” ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil” It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. …Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like…a digital requirement… A level playing field… They sure seem to suggest that they will have this sorted this next week or between now and then anyway…We shall see… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-19-2021
Iraqi Dinar Guru opinions 2-19-2021
2-19-2021 Newshound Guru MilitiaMan Article quote: “Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business.” they are to have internal digital payments on 02/21/2021. Keep in mind they connected to the BUNA system too. The Buna system is digital as well. Iraq’s border’s were to be digital or electronic on 01/15/2021. …A level playing field has a digital signature all over it… imo… I like what I see and soon to be even better!! All of the afore is not a coincidence… It is imo by design. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-18-2021
Iraqi Dinar Guru opinions 2-18-2021
2-18-2021 Newshound/Intel Guru Mnt Goat Article: “THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW” so some of the party blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-17-2021
Iraqi Dinar Guru opinions 2-17-2021
2-17-2021 Newshound Guru MilitiaMan Article quote: “An economist warns of a decline in the citizen’s purchasing power as the dollar’s exchange rate continues to rise” …a move to the private sector is upon Iraq…If not disaster looms… We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo… That is powerful. 0 $ – Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar… Fairly sure that is the plan and the world knows it… As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc… All support the move and even a digital one…they are all involved in the architecture of the larger plan…imo… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-16-2021
Iraqi Dinar Guru opinions 2-16-2021
2-16-2021 Intel Guru Frank26 Article: “Is there a threat to hard currency reserves? The Central bank explains” They’re telling you they not only have enough to back up their hard currency but also their digital currency…they are trying to tell you they have a new exchange rate…It’s right in front of your eyes. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-15-2021
Iraqi Dinar Guru opinions 2-15-2021
2-15-2021 Newshound Guru Pimpy Article: “The price of a barrel of Brent crude oil reaches $62.34” It seems like it’s going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq to rely on something else other than oil but it sure would be nice if they got a lot of revenue higher than what they budgeted for. This can help them really start taking a lot of these monies…so they can start developing and reconstructing Iraq, provide jobs to the public. This is what we’re looking for…as there’s more jobs that are available then…the dinar becomes stronger. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-14-2021
Iraqi Dinar Guru opinions 2-14-2021
2-14-2021 Newshound/Intel Guru Mnt Goat …I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This will allow the currency auctions to finally end… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-13-2021
Iraqi Dinar Guru opinions 2-13-2021
2-13-2021 Intel Guru Frank26 Question: “Will it [exchanging Iraqi dinar] be a taxable even?” Have you ever made money where it’s not taxable? So please don’t lie to yourself. Don’t try to fool yourself. “This is not a table event.” Really? You’re gonna make a profit and Uncle Sam is gonna be like I didn’t see that? …our treasury knows exactly how many dinars you have…it is a taxable event…It’s going to be capital gains tax. If Biden has anything to do with it it will be about 45%. And then you have the spread to deal with and bank fees and everything else. You might end up with about 40%…with Trump it [tax rate] would have been about 15% and probably no higher than about 35%… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-12-2021
Iraqi Dinar Guru opinions 2-12-2021
2-12-2021 Newshound/Intel Guru Mnt Goat The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with them and will need a few days to do so. Even if all goes well with the Kurds, don’t expect a reinstatement the next day…Instead relax and know it is coming soon and you will probably not have to wait until the year 2022. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-11-2021
Iraqi Dinar Guru opinions 2-11-2021
2-11-2021 Intel Guru Frank26 In case you missed it the CBI stopped the auctions…[Monday]. They can’t use the American dollar anymore…So what’s left to use? What’s left is the Iraqi dinar. But the Iraqi dinar has no value – not only for the citizens but also for the government to run its country especially with the budget at those astronomical numbers. The IMF knows this too. And the World Bank knows this too. Both of them have said very clearly Iraq is in the process of raising the value of their currency…the stoppage of the auctions is a step of the monetary reform of the Iraqi dinar…it is a crucial step in adding value, lifting the 3 zeros from their exchange rate and it’s being done. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
