Posts Tagged ‘Guru’s’

Iraqi Dinar guru opinions 1-15-2023

Iraqi Dinar guru opinions 1-15-2023

1-15-2023 Intel Guru Frank26 Question: “Is the exchange going to be taxed?” Oh, yeah! Have you ever made a capital gains where you never had to pay tax on it? Maybe on a different planet but not on Earth…if you exchange them inside of a year’s purchase you’ll be somewhere in the 40% tax range. But if you hold it and you have capital gain after one year of holding it you’ll probably be in the 20% range. Read more…

Iraqi Dinar Guru opinions 1-14-2023

Iraqi Dinar Guru opinions 1-14-2023

1-14-2023 Newshound Guru Pimpy Article: “Government movement to complete the requirements for Iraq’s accession to the World Trade Organization” This is a biggie…this is going to affect their currency in a positive way because now they are going to be a much bigger player on the International scene. This also allows them certain privileges especially ones that affect their exchange rate…looks like they’re getting ready to finalize, at least this next stage they want to complete by this year. The future for Iraq is looking really good. It really is. Read more…

Iraqi Dinar Guru opinions 1-13-2023

Iraqi Dinar Guru opinions 1-13-2023

1-13-2023 Newshound/Intel Guru Mnt Goat Article: “HOW IRAQ IS PAID FOR ITS OIL AND WHERE THE MONEY GOES…HOW THE PROCESS GOES” …the daily transactions of dinar to dollars should be just enough to pay for imports needed for the economy of Iraq. The CBI knows what this amount is. We have been told it is about $20-30 million a day and so getting it down to this amount from $200 tells us lots of the past stolen money is no longer funneling out of Iraq. This is due mainly from the new currency auction platform recently put in place. Read more…

Iraqi Dinar Guru opinions 1-12-2023

Iraqi Dinar Guru opinions 1-12-2023

1-12-2023 Newshound/Intel Guru Mnt Goat “THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR” It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside of Iraq thus eliminate the need to exchange the dinar for dollars to spend on obligations and purchases outside of Iraq…The pieces are all in place and so when will they pull the trigger? Read more…

Iraqi Dinar Guru opinions 1-11-2023

Iraqi Dinar Guru opinions 1-11-2023

1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They…said something about only thing needed was paragraph to be done in the budget on the exchange rate and the amount for infrastructure… Read more…

Iraqi Dinar Guru opinions 1-10-2023

Iraqi Dinar Guru opinions 1-10-2023

1-10-2023 Newshound/Intel Guru Mnt Goat Article: “GOVERNOR OF THE CENTRAL BANK CALLED ON MERCHANTS TO DEAL DIRECTLY WITH BANKS” Its about time…the CBI wakes up to another source of the monetary problems plaguing Iraq…This effort will help so much in reducing speculation thus the CBI will be able to control the exchange rate of the dinar. Remember that these street brokers and speculators are not going through the new platform to track corruption either in the exchange of dinars to dollars. So this effort is a win-win for everyone. Read more…

Iraqi Dinar Guru opinions 1-9-2023

Iraqi Dinar Guru opinions 1-9-2023

1-9-2023 Intel Guru Frank26 You can’t let your dinars out of your site. You cannot give your dinars to a small bank that will send them to a large bank and have it verified. If they get stolen. If they get lost. If the Brink’s truck rolls over and burns up and the dinar are destroyed, they’ll give you what you paid for them but they’re not going to give you the exchange rate for it. It wasn’t converted…God gave you these dinars as a blessing for you to be responsible and stewardship and you’re learning how to do that… Read more…

Iraqi Dinar Guru opinions 1-8-2023

Iraqi Dinar Guru opinions 1-8-2023

1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: “…Vietnam has a very low rate and their economy is one of the fastest growing…” This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. Read more…

Iraqi Dinar Guru opinions 1-7-2023

Iraqi Dinar Guru opinions 1-7-2023

1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing – concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period…he’s got to do his job… Article: “A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank” Read more…

Iraqi Dinar Guru opinions 1-6-2023

Iraqi Dinar Guru opinions 1-6-2023

1-6-2023 Newshound/Intel Guru Mnt Goat Article: “FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES” Quote: “the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars…” They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers… Read more…

Iraqi Dinar Guru opinions 1-5-2023

Iraqi Dinar Guru opinions 1-5-2023

1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it’s borders and when it leaves its borders …not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%…until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established. Read more…

Iraqi Dinar Guru opinions 1-4-2023

Iraqi Dinar Guru opinions 1-4-2023

1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament… FRANK: That’s wonderful news…I believe what Sudani is telling you…The monetary reform is moving very very quickly… FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time – a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it… Read more…

Iraqi Dinar Guru opinions 1-3-2023

Iraqi Dinar Guru opinions 1-3-2023

1-3-2023 Guru Nader From The Mid East What Iraq is going through is not easy. You have to…go there and see it for yourself…don’t be scare, walk to the mosque…find an Iraq guy or lady…ask them yourself, say, ‘Hey what do you think about Iraq?’ They’re going to tell you it’s getting worse and worse by the day…it’s not getting better. Even with the sales of oil and private sector getting better…but the people has no money. Don’t believe people when they say they have stack of money in their homes. No, we don’t have them… Read more…

Iraqi Dinar Guru opinions 1-2-2023

Iraqi Dinar Guru opinions 1-2-2023

1-2-2023 Newshound Guru Clare Article: “What is meant by currency float? What are its advantages and disadvantages?” Quote: “There are millions of traders around the world buying and selling currencies…The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase…” Read more…

Iraqi Dinar Guru opinions 1-1-2023

Iraqi Dinar Guru opinions 1-1-2023

1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar…just my thoughts. Read more…

Iraqi Dinar Guru opinions 12-31-2022

Iraqi Dinar Guru opinions 12-31-2022

12-31-2022 Newshound/Intel Guru Mnt Goat Article: “WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?” This article is a VERY GOOD lesson in what it means to FLOAT a currency. …they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange…floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013…I ask, why now publish such an article? Read more…

Iraqi Dinar Guru opinions 12-30-2022

Iraqi Dinar Guru opinions 12-30-2022

12-30-2022 Intel Guru Frank26 Article: “Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons” THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM. Read more…

Iraqi Dinar Guru opinions 12-29-2022

Iraqi Dinar Guru opinions 12-29-2022

12-29-2022 Newshound/Intel Guru Mnt Goat We are told in an article…that the budget will be in parliament ready for review and vote in two weeks. …That pushes it to early January 2023 to begin the voting process. …So, sit back and hang on. The news is about to get really good…. Read more…

Iraqi Dinar Guru opinions 12-28-2022

Iraqi Dinar Guru opinions 12-28-2022

12-28-2022 Intel Guru Frank26 Article: “The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar” Notice all they talk about is the exchange rate…against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar…they are ready to move on the international level. This is huge…Are you catching the pattern? Do you see these articles…Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah. Read more…

Iraqi Dinar Guru opinions 12-27-2022

Iraqi Dinar Guru opinions 12-27-2022

12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. …This is all excellent news. Read more…