Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 11-12-17

Iraqi Dinar Guru opinions 11-12-17

11-12-2017 Intel/Newshound Guru sandyf “The Tariff Law – “The new tariff, which went into effect on January 19, imposes a 30 percent customs duty on imported goods coming through Iraq’s crossing points, exempting the autonomous region of Kurdistan.” When the Tariff Law was introduced Iraq needed Kurdistan to help clear ISIS so they exempted them from the law, but in doing so stopped any further dealings with the WTO. Things have changed, Iraq can now take control and recommence the process, starting this Friday. Read more…

Iraqi Dinar Guru opinions 11-11-17

Iraqi Dinar Guru opinions 11-11-17

11-11-2017 Newshound Guru MilitiaMan [According to an email…showing the World Trade Organization (WTO) schedule for the upcoming week:] “Informal Working Party on the ACCESSION OF IRAQ to the WTO is scheduled for 10 a.m., Friday, Nov. 17, 2017” Now how cool it that. WTO accession on 11/17/2017… Who said next year into 2018 today? lol WE all know the indicators Iraq has given us, have this on target for completion and this is a reality… Read more…

Iraqi Dinar Guru opinions 11-10-17

Iraqi Dinar Guru opinions 11-10-17

11-10-2017 Intel Guru RayRen98 [A few months back, my bank gave me rates for selling and buying, and now they say they will never deal with dinar.] Maybe YOUR bank is doing that, but there is no doubt in my mind that we are moving forward, whether your bank is participating or not. …we still have 60+ banks that do exchange dinar already – we’re just waiting for the rate to change. …We are looking for the US rate to be $3.71 or higher. If there is an RV, and the rate is $2, then you already know the rate’s being suppressed. So how long will they hold the rate at $2, knowing that eventually it will be $3.71? You know it’s going to get there in the end, because it’s the country’s currency. Read more…

Iraqi Dinar Guru opinions 11-9-17

Iraqi Dinar Guru opinions 11-9-17

11-9-2017 Intel Guru RayRen98 [In one of your updates, you wrote that “Currency exchangers are being required to report their Dinar inventory effective for Tuesday”. Who do the US currency dealers get their currency from – the CBI / UST?] They have their own suppliers. [If the dealers in Iraq can no longer sell dinar does that mean that US dealers can only sell what they have left in inventory?] That is my belief, that they continue to sell the inventory they have on hand, or that their suppliers have, but cannot get any more. Read more…

Iraqi Dinar Guru opinions 11-8-17

Iraqi Dinar Guru opinions 11-8-17

11-8-2017 Intel Guru Bruce Some of the people that we hear from in the way of Intel are having to be very quiet. Iraq is basically, I think, complete. My thinking is that liberation announcement was repeated and emphasized again by Prime Minister Abadi. I believe that basically took care of what Iraq needed to do. I also heard the rate of the dinar came out, but I haven’t seen that. It is not ready to be revealed to us here. The rates for couple of the currencies have been traded up higher in the last couple of days quite a bit. I think we are looking good as far as that goes. We understand at 2 am this morning [Tuesday] Iraq was put on the real time global system, the new banking system…that would allow them to be truly international. We can’t predict this thing exactly when, but we are in the final few days…We feel this is our week. We just have to see what transpires… Read more…

Iraqi Dinar Guru opinions 11-7-17

Iraqi Dinar Guru opinions 11-7-17

11-7-2017 Intel Guru RayRen98 […is there any reasonable expectation for a time frame…?] I’m good for this week, right now. Let’s see what this 72-hour deal with the hidden rate on the CBI comes to.​ Read more…

Iraqi Dinar Guru opinions 11-6-17

Iraqi Dinar Guru opinions 11-6-17

11-6-2017 Guest Newshound Guru Apmcrx Article: “A simulation of the dinar exchange rate linked to the basket of currencies” …article directly from the CBI webpage…THIS IS STRAIGHT FROM CBI AND THEY ARE TELLING YOU THE EXCHANGE RATE!!! …PDF document…is telling you the dinar exchange rate compared to the currency basket…from .90 to $1.15 IQD/USD… Now, why the CBI is “simulating?” Because they want to go international and know the real IQD/USD exchange rate IMO. Who suggested or proposed the peg to a basket of currencies? IMF, World Bank, USA as we have seen the articles demanding this agencies to Iraq implementation of reforms IMO by the end of this year. Read more…

Iraqi Dinar Guru opinions 11-5-17

Iraqi Dinar Guru opinions 11-5-17

11-5-2017 Newshound Guru G-Lin …7 years ago I never imagined this would be a long term investment. I think most of us thought it was going to be a get rich quick thrill. After I toughened up a bit I realized the reward will be worth the wait. I still see this investment with a glass half full attitude. And that will not change unless something drastic were to happen to Iraq, and the economic powers of the world will not let that occur imo. Iraq is too valuable. It is the diamond in the rough for U.S., Russia, Europe, China, and all of Asia and the M.E. Follow the money. Maybe just a wee bit longer. Read more…

Iraqi Dinar Guru opinions 11-4-17

Iraqi Dinar Guru opinions 11-4-17

11-4-2017 Intel Guru RayRen98 As far as Abadi is concerned, the Kurdish issue has been handled. They have surrendered the territories, and they now fall under a unified Iraq. I don’t think that will prevent [or delay] anything, especially with an announcement expected today. We are all waiting patiently for whatever scenario comes to light. Read more…

Iraqi Dinar Guru opinions 11-3-17

Iraqi Dinar Guru opinions 11-3-17

11-3-2017 Newshound Guru G-Lin Quote: “A short search to experience the simulator about linking the Iraqi dinar to a basket of currencies with weights varying between 50% and 65% of the dollar and other currencies remaining price (Dr. Ahmed Ali Abrihi)…” What this looks like to me is simulations or experiments in comparisons of the dinar as a floating rate {basketball} I think that is what that means, versus fixed rate in a currency basket. These simulations were done beginning Jan. 1st 2017 to present. They paired the dinar against all of the currencies that are used in Iraq. They experimented with the figures as floating and fixed. And all of the data has been presented to the decision makers in CBI. That’s my take. I’m excited that this was posted on the CBI site and they seem to be giving those two choices. I personally would take either one. Read more…

Iraqi Dinar Guru opinions 11-2-17

Iraqi Dinar Guru opinions 11-2-17

11-2-2017 Newshound/Intel Guru BGG Who’s going to pay the tab for the RV…not Iraq. It’s going to be the world. Who’s going to buy their currency at a much higher rate…not Iraq…everybody else. You can RV your currency at whatever number you want, but if there is no one to buy it, you don’t have an RV. Responding to the IMF, WB, and UN…they have to get their expenditures under control and…they are working on that now. Read more…

Iraqi Dinar Guru opinions 11-1-17

Iraqi Dinar Guru opinions 11-1-17

11-1-2017 Newshound/Intel Guru Mnt Goat …November already and Iraq is still fighting ISIS and still struggling with some important issues involved in the process to delete the zeros. But they will overcome all these issues and will move forward. I am told the CBI is ready now to move to the next phase of the project to delete the zeros and needs the “green light” from the GOI. So let’s look for this sign. I am also hearing this re-education process of the new currency must take place first in the privately owned banks and then to the civilian population. Read more…

Iraqi Dinar Guru opinions 10-31-17

Iraqi Dinar Guru opinions 10-31-17

10-31-2017 Intel Guru RayRen98 [Dinar rate…was the $3.71 in your update. It’s been hovering around that number in your previous updates – do you think that’s what it will be, or close?] Yes, although recent hints speak of it being a little higher, possibly. Read more…

Iraqi Dinar Guru opinions 10-30-17

Iraqi Dinar Guru opinions 10-30-17

10-30-2017 Newshound Guru MilitiaMan Article: “A member of the German ruling party Mustafa al-Ammar nominated Iraqi Prime Minister Haider al-Abadi for the Nobel Peace Prize” After watching Abadi yesterday in the WSJ, New York and LA Times interview one can not argue this man deserves it and rightfully so too!! The man is all about unity, integrity and above all the Iraqi citizens! Read more…

Iraqi Dinar Guru opinions 10-29-17

Iraqi Dinar Guru opinions 10-29-17

10-29-2017 Intel Guru RayRen98 From Friday’s reporting: PM Abadi sends in troops to take territory held by Kurds after refusing to accept any offers other than the cancellation of Kurd action and full respect of the Iraqi constitution. This civil war resulted in some bloodshed and loss of life. An Iraqi bank source shared that once Iraq is fully liberated, the new rate of $3.71 (or possibly higher) will be self-evident everywhere and that it is already “in place” waiting for public release. Abadi is steadfastly targeting mid-November or later for full liberation announcement however the military is accomplishing objectives ahead of projected schedules. Read more…

Iraqi Dinar Guru opinions 10-28-17

Iraqi Dinar Guru opinions 10-28-17

10-28-2017 Intel Guru Delta Article: “CBI directs Banks to implement SWIFT Standards” Quote: “The Central Bank of Iraq (CBI) has directed all Iraqi banks to adopt user protection standards approved by SWIFT before the end of 2017.” THE TRICKY KEY WORD…(wink) BEFORE THE END OF 2017…NOT AT THE END OF 2017!!! Read more…

Iraqi Dinar Guru opinions 10-27-17

Iraqi Dinar Guru opinions 10-27-17

10-27-2017 Newshound Guru Enorrste “Achieving Growth in Contexts of Great Challenge: The Iraqi Private Banking Sector” The very fact that this conference exists is a good sign. It shows that all parties are aware of the problem and are attempting to work out a solution. The issue of whether any bank coming into a correspondent relationship will find it likely that they will make money is a serious concern. …At the same time there was a clear understanding by one of the members of the “wild west” theory that KAP [Guru Kaperoni] and I have talked about for years. She said almost the same thing we have been saying all along, namely that once the movement begins it will snowball and lead to very rapid economic growth in Iraq. It is the beginning of the snowball that is the current problem. Several members indicated that the laws and regulations are now in place, but that implementation is what is lacking. This, to me, is a positive step. I think that this is a lot like the snowball affect that I just mentioned: it just needs to get started. Once it does the confidence level will rise in bank usage. Once that happens foreign banks will want to get involved as well. Read more…

Iraqi Dinar Guru opinions 10-26-17

Iraqi Dinar Guru opinions 10-26-17

10-26-2017 Intel Guru RayRen98 What substance does my information have behind it? Bankers are saying quite possibly this week, added together with the information coming out of Iraq, plus people with cards with dinar loaded on them (in the US and other countries), with a rate of $3+. It’s a waiting process, and we still don’t know for how long. Read more…

Iraqi Dinar Guru opinions 10-25-17

Iraqi Dinar Guru opinions 10-25-17

10-25-2017 Intel/Newshound Guru payray Article Quote: “Iraq and Saudi Arabia are two major economic powers in the world to acquire the wealth of the two sides, which require a large volume of work that requires the efforts of the private sector in both countries and the region, as well as the evolving global effort to invest in wealth in a way that changes the shape of the economies of the region for the better.” In other words they are saying, “There is money to be made guys… Lets get to it.”… Read more…

Iraqi Dinar Guru opinions 10-24-17

Iraqi Dinar Guru opinions 10-24-17

10-24-2017 Newshound/Intel Guru Mnt Goat I will tell you again the Iraqi dinar is the ONLY sure currency to have any real potential for a very soon SIGNIFICANT revaluation of any kind. The kind of value change that could make you a millionaire. Read more…