Dinar Guru Resource Bar
Live New York Time
Live Baghdad Time
Official Central Bank of Iraq (CBI) Dinar Rate:
1166 IQD to 1 USD
Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
Dinar Gurus' Official Master List of Possible Major " To Do's ":
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
*** Are you on the official RV ALERT List?? *** Don't Get Caught On The Outside Looking In. Enter your name and email above....Its FREE and you get Official RV Alerts, the latest breaking updates, special videos & other fun stuff from me too!
"I find your emails to be fascinating they are filled with Life and energy. Just reading them gives me a boost. Peace and Blessings" -E Dinar Guru Member
4-25-2015 Newshound Guru Breitling [I've been invested in the Iraqi Dinar since 2009…Since Iraq is retiring the 50 dinar notes at the end of April, I called Chase Bank to see if they would exchange them…they told me Chase Bank does not handle Iraqi Dinar. Can you explain why Chase Bank does not handle dinar?] I did get my dinar from Chase Bank and the reason why it was told to me that why they stopped it is because the dinar community was disrupting business. Their margins on selling dinar was so small…that's not what they are set up to do…yet you had "old ladies" [watch it Breitling! ;)] and people going through divorces and going broke and calling the bank everyday asking, "hey did the dinar revalue?"…it literally jammed up their phone systems. It's that simple. It has nothing to do the it's value. It has nothing to do with what's coming down the road... [Post 1 of 2 Stay tuned for the rest of the story...]
4-27-2015 Newshound Guru My Ladies WHILE I AGREE THIS CAN HAPPEN AT ANY MIN [MINUTE] I, THAT’S ME PERSONALLY, HAVE NO EXPECTATIONS UNTIL SOMEWHERE AFTER JULY. NOW CAN THAT CHANGE? YES OF COURSE IT CAN...I THINK WE ARE RIGHT ON TRACK, I THINK IRAQ IS HANDLING THEIR BUSINESS IN A TIMELY WAY AND I THINK THE REST OF THE PROCESS HAS TO UNFOLD. THERE ARE MANY MOVING PIECES TO BRING FORTH WHAT WE WANT TO SEE ...REMEMBER IN IRAQ A DINAR IS A DINAR AND AFTER THIS CHANGES THINGS IN IRAQ WILL NOT BE MUCH DIFFERENT. WE ARE LOOKING FOR AN INTERNATIONAL EXCHANGE RATE OF THE DINAR TO WHICH EVER CURRENCY WE USE. IRAQ WILL NOT BENEFIT FROM THIS IN ANY WAY OTHER THAN PURCHASING POWER. FOLLOW THE CBI AND THE MONEY, FORGET ABOUT THE GOI THEY WILL BE WRITING AND FIXING LAWS FOREVER. FOLLOW THE MONEY. [post 2 of 2]
4-27-2015 Newshound Guru My Ladies I WAS VERY PLEASED TO SEE SO MANY ARTICLES CALLING FOR THE SEPARATION OF THE CENTRAL BANK FROM GOVERNMENT...DO NOT BE CONFUSED WITH THINKING THE CBI AND THE GOI ARE ONE. THEY ARE NOT. TOMORROW A DELEGATION FROM THE FINANCE DEPARTMENT WILL TRAVEL TO KURDISTAN FOR IMPLEMENTING THE TARIFFS. I ASSURE YOU THIS EVENT WILL NOT BRING FORTH THE RE PRICE. FOR SOME UNKNOWN REASON MANY...ARE HOLDING ON TO THE ACTUAL APPLICATION OF TARIFFS AS A SIGN OF AN “RV” PLEASE STOP DOING THAT. WHAT WE WANT TO SEE IS AN ELECTRONIC MECHANISM THAT CAN CONVERT ANY CURRENCY INTO THE DINAR VALUE. THAT IS THE SIGN OF INTERNATIONAL CURRENCY. [post 1 of 2....stay tuned]
4-27-2015 Newshound Guru wmawhite ...if they are to eventually delete the large notes they will not issue larger note such as 50,000 and 100,000 notes. The translation of these reports tell us that the notes will have like value as if they were holding 50,000 IQD and 100,000 IQD respectively.
4-27-2015 Newshound Guru Millionday Article quote: "the IMF International issued the list of directives, internationally agreed upon to determine the state basket and what are the international currencies, gold and bond rate..." THIS LOOKS LIKE THEY ARE CALLING FOR RATES TO BE CALCULATED. DIRECTIVES? ISSUED THE LIST OF -- DIRECTIVES--(ORDERS) TO DETERMINE -- THOSE RATES -- IT APPEARS...AND CBI GOV HAS CALLED FOR IN INK -- THE ECONOMIC REFORM TO BE ACTIVATED...WHOOOPOW.
4-27-2015 Newshound Guru Kaperoni Article: "Economy calls for parliamentary approval of the Central Bank Law and the "removal" of the government" It seems pretty clear that the powers to be, the IMF, WB and UST are not going to let Iraq move forward with reforms until they pass a law to make sure the CBI is independent. Another law we are waiting on. A law in parliament that assures the complete independence of the CBI from the GOI. We have seen references to a law of independent bodies. I would assume that is what we want to see passed.
4-26-2015 Intel/Newshound Guru Poppy3 [I heard from a company that deals in bonds that the holdup with th RV is due to the US vetoing the votes at the UN and IMF to allow the RV. Can you comment on that?] THAT STATEMENT IS TOTALLY AGAINST WHAT OUR UST AND THE WORLD BANK AND IMF TOLD IRAQ ON THEIR VISIT. THEY ARE FULLY BEHIND IRAQ GETTING REFORM DONE .
4-26-2015 Newshound/Intel Guru BGG ...I believe we are as close - right now - as we ever have been....that is my honest opinion (and nothing more)...too many financial moves being made in Iraq - ie "smoke" - for there not to be some fire. I don't care what number it starts at - let's just get started!! having spoken with some very learned economists - if it does start low - it won't be long before it's right were it belongs.
4-26-2015 Newshound Guru Millionday [I heard from a company that deals in bonds that the holdup with th RV is due to the US vetoing the votes at the UN and IMF to allow the RV. Can you comment on that?] I DONT KNOW ABOUT THE VETO...BECAUSE I HAVE NO INK ON IT BUT THE REPORT...WITH COMMENTS FROM SALEH LEADS US TO BELIEVE WITH THE MANY FROM THE US DUE TO THE WASHINGTON VISIT ARE MAKING CONTRACT BIDS THAT ARE BEING CONSIDERED RIGHT NOW FOR THE ACTIVATION OF THE SFA -- THAT IS VERY ENCOURAGING DUE TO THE CONTENT OF THAT AGREEMENT AND ITS APPLICATION TO THE MARKET ECONOMY GOAL OF IRAQ. ALSO THE LAW BEING WORKED ON FOR THE SFA IS GREAT NEWS AND WOULD NOT IMPLY ANY SORT OF VETO FROM ANYONE OR MAKE ANY SENSE BUT I HAVE NOT SEEN INK.
4-26-2015 Newshound Guru wmawhite [whats your take on the "float from 1166" theory?] Never will happen...why start selling your country for $0.00086 per share? ...open the entire country up via the ISX at $0.00086 then Iraq gives away their country...we are being told day after day of what we want to hear. The CBI, GOI and others are telling us what their plans are. Again, they want the world to invest in their country. Does anybody believe that they will sell their country to the world at $0.00086 per share? I don't! IMO, the IQD already has a much greater value than 1166 and that is why the CBI will release it at a value greater than 1166. IMO, it will be released at a value that will bring the costs of imported goods down substantially. The immediate lowering of the costs of goods will spark spending by the citizens ...something they haven't had in many years. ...we have reason to believe that they are very close to the end of the process of introducing the IQD back into the world currency markets.
4-26-2015 Intel/Newshound Guru tman23 Abadi back in January asked the citizens to be patient until June... This was in regards to back pay and raises that are to be retroactive back to January 2014. That being said...These citizens are EXPECTING back pay including the raises which are at the least 400,000 IQD per month. This has not gone away as citizens keep inquiring and are told the "State is not Bankrupt" and to remain patient. Then Abadi announced a few days ago that starting July all payments will be made on time. So YES it appears June may be a strong month...very strong!
4-26-2015 Newshound/Intel Guru Bluedog MANY THINGS HAVE TO BE IN PLACE...AS THE BASKET OF LAWS... THIS COUNTRY HAS STARTING OVER...THEY ARE VERY READY AS THEY HAVE WORKED ALMOST CONTINUALLY LIKE WORK HORSES SINCE LAST YEAR.
4-26-2015 Newshound Guru Millionday Article quote: "The President of the Republic Fuad Masum that "achieved victories against the terrorist organization Daash create an atmosphere appropriate for national reconciliation and justice to the oppressed and to prevent dictatorship and monopolize power." THIS SPEECH WAS MADE TO THE PUBLIC BY PRESIDENT MASUM CLAIMING THAT THE COUNTRY HAS ACHIEVED VICTORIES THAT CREATE ATMOSPHERE FOR THE NATIONAL RECONCILIATION CONFERENCE -- WHOOOPOW -- WE HAVE SEEN PREPARATIONS FOR THE IMF FUND AND NOW THE ANNOUNCEMENT OF AN ATMOSPHERE FOR NATIONAL RECONCILIATION --- WHOOOPOW. [post 2 of 2]
4-26-2015 Newshoung Guru Millionday Article quote: "Commission revealed the economy and investment parliamentary Saturday, its intention to submit a proposal law establishing a sovereign wealth fund to attract investment in Iraq, while showed that this fund will be linked to the International Monetary Fund to give guarantees to investors." THE FACT THAT THEY ARE ESTABLISHING THIS AS LAW SHOWS US THAT THE FUND IS GOING TO BE SET UP WITH THE IMF OR THEY WOULD NOT BE TO THIS STEP -- THE FUND ITSELF IS FOR THE STABILIZATION. IT SEEMS AS THOUGH THE CONTRACTS ETC...AND THE MANY INVESTORS MAY CAUSE AN IMMEDIATE NEED FOR THE FUND...THE DEVELOPMENT IS GOING TO BRING IN HUGE FOREIGN CURRENCY EXCHANGES WE WOULD ASSUME. ...INTERNATIONAL INVESTORS AND THE EXCHANGE AT PORTS AND THE EXCHANGE AT AIRPORTS AND THE FUND CALCULATIONS WOULD LEAD YOU TO BELIEVE THEY ALSO NEED TO HAVE AN INTERNATIONALLY ACCEPTED CURRENCY... WHOOOPOW. [post 1 of 2....stay tuned]
4-26-2015 Newshound Guru Enorrste I misspoke in saying that it would be $1 to 1 dinar when the notes are issued. [reference Enorrste's post 4-25-2015] What I meant to say is that WHEN it gets to $1 per dinar then these notes would be worth $50 and $100 respectively as Saleh said in 2011. The error is mine. ...the smaller notes will come out as needed, as the value rises. Since a 25000 note will be worth $2500 at 10 cents per dinar it is clear that the removal of the large notes will occur even before then. This means that the smaller notes, including the 50 and 100 talked...will have to come out well before $1 per dinar, and probably as low as 10 cents per dinar, when they would be worth $5 and $10 each. Then they would rise to an "eventual" value of $50 or $100 according to Saleh. Of course we believe it will go even higher eventually.
4-26-2015 Newshound Guru Millionday Article quote: "Commission revealed the economy and investment parliamentary Saturday, its intention to submit a proposal law establishing a sovereign wealth fund to attract investment in Iraq, while showed that this fund will be linked to the International Monetary Fund to give guarantees to investors." THIS IS THE CONNECTION TO THE IMF FOR INTERNATIONAL INVESTMENT -- THIS IS A FUND THAT IS USED IN MULTIPLE COUNTRIES AND OBVIOUSLY HAS NOT BEEN NEEDED IN IRAQ. THIS IS A STEP SOME HAVE BEEN WAITING FOR SO THIS SUBMISSION IS SOMETHING SOME WILL BE VERY HAPPY ABOUT... THIS IS REALLY HUGE...
4-26-2015 Intel/Newshound Guru Backdoc [Are we now waiting until October for the RV?] Terminology: IR INDEPENDENT RATE; RI REINSTATEMENT; RV. REVALUATION. MY UNDERSTANDING IS A CURRENCY MUST BE REINSTATED AND LOCKED IN WITHIN 90 DAYS. ONCE THAT IS IN PLACE A REVAL IS POSSIBLE AT ANY TIME PER [GURU] EAGLE ONE. WE ALL EXPECT A REINSTATEMENT SOON DONT WE? AN RV IN JUST MY OWN CRAZY OPINION MAY BE LIKELY LATER IN EARLY FALL. IMHO.
Did you miss a few days of Dinar recaps news & updates? *** Are you on the official Dinar RV ALERT List?? ***
Click the link below to get Guru Archives Access and get on the Official Dinar RV Alert list...This way you won't miss a thing...What are you waiting for? It's FREE and you get RV Alerts, dinar recaps, news, updates & other fun stuff from me too! Click the link Below....