Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 4-28-2022

Iraqi Dinar Guru opinions 4-28-2022

4-28-2022 Intel Guru Frank26 Article: “The rise in oil covers the budget deficit.. Good news from officials: Returning the dollar exchange rate to its previous” THEY ARE EXPECTING A CHANGE IN THE EXCHANGE RATE. Read more…

Iraqi Dinar Guru opinions 4-27-2022

Iraqi Dinar Guru opinions 4-27-2022

4-27-2022 Intel Guru Fleming According to the CBI contact…the WTO is hot after the Central Bank of Iraq to finally sign off for the ISO 20022 certification to be implemented… They have to acknowledge compliance and acceptance, to get started right away. If…still lagging behind by the end of the month, then starting May 1st the revaluation commences with or without them. Contractors in Iraq are presently being paid at the revalued rate of 1:1 (one Iraq dinar to one US dollar). How long will they allow this to continue? Read more…

Iraqi Dinar Guru opinions 4-26-2022

Iraqi Dinar Guru opinions 4-26-2022

4-26-2022 Newshound/Intel Guru Walkingstick Question: “We know that the RI requires a seated or recognized GOI. But, will it also [need] the passage of new laws and the budget by Parliament?” THE READING OF THE BUDGET AND NEW EX RATE IS LAW IT’S A LINE ITEM IN THE BUDGET. BUT…PARLIAMENT DOES NOT DICTATE CBI LAW THE CBI AND THE EXCHANGE RATE CAN BE CHANGED AT ANY TIME BY THE CBI ON BEHALF OF THE CBI. Read more…

Iraqi Dinar Guru opinions 4-25-2022

Iraqi Dinar Guru opinions 4-25-2022

4-25-2022 Newshound/Intel Guru Mnt Goat Article: “THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120 THOUSAND IN THE 2022 BUDGET” The CBI does not intend to reduce the exchange rate of the dinar, thus raise the value of the dinar back to the pre-December 2020 rate. Why would they even do this change back to 120 if they already know of a plan to significantly raise the rate (not the value) of the dinar and conduct the project to delete the zeros?… We know the VALUE is already in the dinar only they are suppressing the nominal rate and holding back the reinstatement until they can see a stable government. Read more…

Iraqi Dinar Guru opinions 4-24-2022

Iraqi Dinar Guru opinions 4-24-2022

4-24-2022 Newshound Guru Clare Article: “Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad” GREAT ARTICLE! …meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad. Read more…

Iraqi Dinar Guru opinions 4-23-2022

Iraqi Dinar Guru opinions 4-23-2022

4-23-2022 Newshound Guru Militiaman “the current financial abundance achieved from the increase in oil prices needs a legal cover for the disbursement of funds under the Food Security Law, while there will be an entitlement to the oil-producing governorates under the petrodollar item.” This reeks of the HCL.. imo … FOOD SECURITY… Comes PURCHASE POWER… They are using the FOOD SECURITY as a cover, imo.. Read more…

Iraqi Dinar Guru opinions 4-22-2022

Iraqi Dinar Guru opinions 4-22-2022

4-22-2022 Newshound Guru Petra I suspect after seeing the UST, WB, IMF, Deputy Prime Minister, Alawi, in meetings of late, is a sign… A big one…many players …at the “End Game!” IMO Read more…

Iraqi Dinar Guru opinions 4-21-2022

Iraqi Dinar Guru opinions 4-21-2022

4-21-2022 Newshound/Intel Guru Mnt Goat It looks like there is finally a breakthrough in forming the new government …The announcement has not yet happened and is very close. I am told it will happen this week and Saleh and Kazemi will remain in place. This is fantastic news…Not only Sadr but Kazemi and Saleh both support the anti-corruption efforts. WOW! Folks this is our path to the reinstatement… Read more…

Iraqi Dinar Guru opinions 4-20-2022

Iraqi Dinar Guru opinions 4-20-2022

4-20-2022 Intel Guru Fleming …In a call with the Central Bank of Iraq…happy news was shared…Iraq has had their “Interim Government” in place for the past 2 weeks. The have removed all Iranians (troublemakers), from government…The new (approximate) Golden Dinar rate is 1 IQD to $3 USD…The only compelling reason to wait to begin Tier 4 exchange, is for the ISO 20022 [an ISO standard for electronic data interchange between financial institutions.], which goes into effect the end of the month for currency all over the world. It’s the final, and the verifiable triggering event…Relax with a hopeful knowledge that this is the end of your long wait… Read more…

Iraqi Dinar Guru opinions 4-19-2022

Iraqi Dinar Guru opinions 4-19-2022

4-19-2022 Newshound/Intel Guru MntGoat …All the news is very good. …the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t. Read more…

Iraqi Dinar Guru opinions 4-18-2022

Iraqi Dinar Guru opinions 4-18-2022

4-18-2022 Newshound Guru Samson Article: “The Central Bank announces an increase in cash reserves to 70 billion dollars” Read more…

Iraqi Dinar Guru opinions 4-17-2022

Iraqi Dinar Guru opinions 4-17-2022

4-17-2022 Intel Guru MarkZ [via PDK] [I read that Iraq may come out with a .50 cent rate.] Don’t worry about that …It doesn’t fix their financial issues. Now I have heard that they are floating a NEER rate (Nominal Effective Exchange Rate) of $1.60…If they decide to go by themselves….the rate would be around $1.60. That is a small possibility this could happen… Read more…

Iraqi Dinar Guru opinions 4-16-2022

Iraqi Dinar Guru opinions 4-16-2022

4-16-2022 Newshound/Intel Guru Mnt Goat …Foreign entities want to be able to FREELY move money in and out of Iraq. This is not now possible without a freely tradable and exchangeable currency which is really only obtained by global trading on FOREX and the other global exchanges. So, we have to sit tight and watch this election saga play out. Read more…

Iraqi Dinar Guru opinions 4-15-2022

Iraqi Dinar Guru opinions 4-15-2022

4-15-2022 Newshound Guru Pimpy Good news when it comes to the economy [of Iraq] as well as non-oil sector… Article: “The World Bank announces in numbers the recovery of Iraqi economy” It’s looking really good… Quote: “noting that the recovery was mainly driven by the non-oil sector…telecom…transportation, accommodation and retail sectors…”. That’s what we want to hear…all of this strengthens the dinar… Read more…

Iraqi Dinar Guru opinions 4-14-2022

Iraqi Dinar Guru opinions 4-14-2022

4-14-2022 Newshound/Intel Guru Mnt Goat …a financial advisor to the Prime Minister, Mustafa Al-Kazemi, described the financial situation in Iraq, which is derived from crude oil revenues, as “excellent.” Quotes: “Iraq is in an excellent financial position at the present time, as during the past month alone, oil revenues increased to 11 billion dollars, and this is a very large number that has not been recorded for five decades (50 years).” ; “this is a positive aspect, regardless of the profitability of the economy.” It is telling us that they do not really need to develop the economy to any great extent with oil being so high as they have been telling us all along. They can still reinstate the dinar with all these other revenues. Read more…

Iraqi Dinar Guru opinions 3-14-2022

Iraqi Dinar Guru opinions 3-14-2022

4-13-2022 Newshound/Intel Guru Mnt Goat “THE OLD PRICE IS COMING..POLITICAL FORCES AGREE ON A MAP TO REDUCE THE EXCHANGE RATES OF THE DOLLAR AGAINST THE DINAR” But what is the “old price” they are talking about? 1450 –> 1120 OR 1450 –> $3+ Quote: “The coordinating framework, with all its might, is agreed to reconsider the dollar exchange rate file through a supreme committee consisting of experts to develop a road map” This roadmap to changing the exchange rate is already completed. It was completed in 2011. Remember the CBI is in charge of monetary policy not non-elected or elected officials… Read more…

Iraqi Dinar Guru opinions 4-12-2022

Iraqi Dinar Guru opinions 4-12-2022

4-12-2022 Newshound Guru Godlover The intel provided has talked about removing as many 3 zero notes as possible. Now we are to believe too many were taken in? If the NSCN’s have indeed been printed & the budget is soon to be opened, I see no reason to release more 3 zero notes, when the same liquidity issue could be resolved by releasing the NSCN’s. If they release more 3 zero notes, I consider that very bad for something that we all seek in the near future. Lining the poor’s pockets with 3 zero notes, although a good theory…. that in itself would go against the removal of the 3 zero notes to begin with imo. Read more…

Iraqi Dinar Guru opinions 4-11-2022

Iraqi Dinar Guru opinions 4-11-2022

4-11-2022 Newshound/Intel Guru RVAlready I think the budget is going to parliament this week. As parliament already promised to give the people the RV as a first priority, I expect the budget with the RV to pass. Read more…

Iraqi Dinar Guru opinions 4-10-2022

Iraqi Dinar Guru opinions 4-10-2022

4-10-2022 Newshound Guru Clare Article: “Adviser to Al-Kazemi: Iraq is in an excellent financial situation, and it is time to quickly approve the budget” IT IS GREAT TO SEE THEM TALKING ABOUT THE BUDGET AGAIN..IMO … THEY CAN LEGALLY SEND IT WITHOUT THE NEW GOVERNMENT IN PLACE …OR THEY MAY WAIT UNTIL THE GOI IS RESOLVED … BUT FOR ANYONE TO SAY THEY HAVE TO WAIT FOR THE NEW GOI TO SEND THE BUDGET IS WRONG ACCORDING TO THEIR LEGAL POSSIBILITIES…. WE SHALL SEE WHAT THEY DO! Read more…

Iraqi Dinar Guru opinions 4-9-2022

Iraqi Dinar Guru opinions 4-9-2022

4-9-2022 Newshound Guru Clare THEY LEGALLY HAVE THE AUTHORITY AS FAR AS THE BUDGET, AS STATED IN THE ARTICLE…. WHY THEY HAVE NOT YET IS NOT KNOWN BY YOU OR BY ME … SO TO ASSUME IT IS BECAUSE OF RAMADAN IS JUST AN ASSUMPTION WITH NO DATA TO BACK IT UP… BELIEVE WHATEVER YOU WANT.. BUT THERE ARE PLENTY OF OPTIONS TO HAVE THE NEW GOV IN BEFORE RAMADAN IS OVER… Read more…