Live New York Time
Live Baghdad Time
Official Central Bank of Iraq (CBI) Dinar Rate:
1166 IQD to 1 USD
Dinar Guru "RV" Meters
Dinar Gurus who feel Dinar will RV within days...
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
21 + 79 = 100%
Dinar Gurus' Official Master List of Possible Major " To Do's ":
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
Discover the history of the dinar...get Dinar Guru Archive Access dating back to 2010...click below..
*** 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!
8-27-2014 Newshound Guru BGG & Chattels 1203 was the market price reported yesterday, it is 1201 today...less is more and closer to the 2% variance supposedly desired by the IMF . Wow!! More good news. That is big. First time that has happened. The published "market rate" is what is dropping - not the 1166 (auction rate)... the fact that the market rate and auction rate are getting closer together is pretty good news...this is one of the precursors put forth by the IMF before Iraq can gain entrance to article 8 - and international acceptance. first two days it is realistic...which doesn't absolutely mean it will happen tomorrow - just that it CAN. [So they are now in compliance or close to it?] as I understand it - today they are. I would suspect the IMF wants to see some stability at such a marker - JMHO.
8-27-2014 Newshound Guru Kaperoni Article: "Central action keeps the money of depositors and shareholders" This is a good "pat on the back" article as they say they have done a good job stabilizing the dinar/reducing the spread of late and implementing new policies and procedures with the auctions. I like how they end it in essence saying...despite this accomplishment, they have more work to do. Yes...we are waiting on that. ...they probably have fulfilled the IMF requirements and are in compliance now. That does not mean they will request Article VIII tomorrow. In fact, the IMF may make them demonstrate they can sustain it for a period of time as well as they still need to form the GOI, pass stalled economic and banking laws and get some stability regarding the ISIL threat. So it still could be a while. But today is a good day.
Below are the latest guru updates from late last night and yesterday...be sure to check them out before you leave...
8-26-2014 Intel Guru EXOGEN ‘I’ve got a feeling….that tonight’s gonna be a good night”
8-26-2014 Newshound Guru Millionday [Pressure is building to an eruption…the stars are lining up...] ALL AT ONCE AS WE KNEW THEY WOULD HAVE TO --- THEY NEED TO HAVE IT ALL PREPARED --- NOT THAT BUMPS WONT BE IN THE ROAD BUT THEY ARE DOING EXACTLY WHAT WE WOULD EXPECT IN THE ORDER WE WOULD EXPECT. THE NEWS IS SO POSITIVE. I HAVE TO SAY TO HEAR ABOUT THE CHANGE COMING ECONOMICALLY SINCE THEY HAVE BEEN SITTING SINCE THE 90`S HAS ME VERY EXCITED. ABOUT 4 YEARS AGO SALEH STATED THAT THE CURRENCY WOULD BE RETURNED TO AROUND WHAT IT WAS IN THE 80`S -- I KNOW YOU LONG TIMERS REMEMBER THAT. EVERYTHING IS A HUGE HURRY AND THE HELP THEY NEED FROM MANY COUNTRIES IS THERE. THE GLOBE IN NEEDING THIS EVENT...
8-26-2014 Newshound Guru Stryker Exchange Rate Update: The Market Rate of the Iraqi Dinar dropped to 1203 today from 1212 after dropping from 1217 on August 19th. This means that Iraq is heading closer to the 2% target rate the IMF says is needed for currency reform. It looks like that with the daily auctions at and well over $2 million per day it will not take long to get to the target rate that the IMF has stated Iraq needs to be at to implement currency reform. Target rate needs to be within 2% of the de-facto CBI rate of 1166 and the market rate, and as you can see a 14 dinar drop just since August 19th is a great start.
8-26-2014 Intel/Newshound Guru Poppy3 [Your very first post...after your stroke...said rv next week (this week). Do you still feel strongly about that?] I STATED THE SOURCES FELT THE LAST HALF OF THIS WEEK WAS LOOKING GOOD PROVIDED ALL THE MEETING AGENDAS CONTINUED TO BE MET AND MUCH OF IT HAS. I SEE THINGS HAVE CONTINUED TO MOVE IN OUR DIRECTION AND I AM VERY IMPRESSED THAT THEY ARE GETTING SOLID THINGS DONE AND EVEN DR SHABIBI IS THERE WORKING IN OUR BEHALF. I THINK WE ARE AT A DAY BY DAY POSSIBILITY BUT STILL NO ONE KNOWS FOR SURE AND NEVER WILL IN ADVANCE. WE LOOK GREAT AND ARE IN A GREAT PLACE.
8-26-2014 Newshound/Intel Guru Eagle1 Sunday night at 6pm all the currencies were pushed to forex including iqd and vnd....and they had a glitch with the cme...on saturday they were selling iraq bonds which they had been hanging on to for quite some time now...they had to shut down the cme for 2 hours...glitch was solved...The updated currencies then showed up on admin screens at the banks in preparation for the public rv...he received a call from Wells Fargo that all major banks had the rates...He can't tell us when it will be officially released though...with his past experience (being an x high up in the banking realm ) it does not seem logical that they would wait until the 10th of Sept to release it...The info the Eagle1 has been receiving is that it is imminent...info he also received was that at the close of the Jackson Hole conference...Janet Yellen announce that the Gov't Of Iraq was seated with Abadi as the PM. [post 2 of 2]
8-26-2014 Newshound/Intel Guru Eagle1 [via subtle] all countries except US, Canada, GB & Russia were sent the GCR to banks last friday...those 4 were squabbling over some bond exchange issues that are part and parcel of the global reset...and was told that on friday night "they" were unofficially settled up and they should be able to move things forward on sunday to the forex...On saturday night Eagle1 was advised that things were happening on the forex and traders told him that there was activity on the administrative screens ...not the trading screens, with almost all currencies. [post 1 of 2....stay tuned]
8-26-2014 Intel Guru TerryK I'M GETTING FROM ALL MY SOURCES IS THIS IS WITHOUT ANY DOUBT OUR WEEK...PERIOD. I'M STILL HEARING 8.16 ON THE DINAR AND OVER 2 DOLLARS ON THE DONG...TREAT STRICTLY AS RUMORS.
8-26-2014 Newshound Guru Breitling After WWII did Japan and Germany have an advantage by a lower currency? Yes Absolutely. Why would Iraq raise their currency? Wouldn't that take away their advantage? They stated they wanted to make the IQD a world reserve currency and wanted their people to compete on a global scale. Yes they needed to lower the currency…that's why we were able to buy it for a 10th of a penny…during the restructuring phase. Why is Iraq going to raise the value of their currency? Because it's only worth a 10th of a penny…sooner or later they have to increase it or their people will not be able to compete on the world stage. For Iraq to get to the next stage they have to give their people purchasing power…The CBI needs the people of Iraq to have purchasing power to rebuild their infrastructure…so the people can bring home money from other countries in the region and start businesses etc…then we'll watch the country and wealth explode…it's going to be fantastic.
8-26-2014 Newshound/Intel Guru BGG Market dropped to 1203 today - BIG FINANCIAL NEWS...puts them well within the required 2% range. [Now it can happen at anytime, right?] numbers wise - yes...the advertised and "market rate" can have no greater than a 2% difference and still be in compliance with IMF requirements to proceed to next status (article 8 - international acceptance). For all practical purposes - they are there...it appears as though they are getting their financial house in order for something.
8-26-2014 Newshound/Intel Guru Arthur The lack of this Law has also caused a possible split between Kurdistan and Baghdad which would be catastrophic for our investment. ...the deadline for the formation of the new government is 9/11 which will hopefully include the 2014 budget which will likely come before parliament in the next phase starting 9/2, and the long awaited and much needed HCL, along with the continually ameliorating security outlook, hopefully completing the economic and political climate necessary for the CBI/PTB to begin the final phases of economic reform including the revaluation of the IQD. [post 2 of 2]
8-26-2014 Newshound/Intel Guru Arthur We now know from the various meetings and PM Designate Abadi press conferences that the negotiations between the blocs are "positive and constructive"; especially important and positive are the ones between Baghdad and Kurdistan. Although the seating of the COM (Council of Ministers) is an important and necessary step, the most critical element of the political and economic stability compulsory for a potential currency revaluation is the HCL (Hydrocarbon Law). There is no way for oil officials in the provinces to rationally manage their particular sectors without this understanding between politicians and their parties therefore it would be virtually impossible to begin economic reform in earnest without this crucial contract since without it there could be no fair distribution of the countries enormous wealth potential. [post 1 of 2....stay tuned]
8-26-2014 Intel Guru EXOGEN 9. GLOBAL STING OPERATIONS STILL ACTIVE 10. GLOBAL MISINFORMATION CAMPAIGN IS HIGH 11. NEW SOFA AGREEMENTS ARE IN MOTION 12. QI CARD PLAN IS FINALIZED & NOW ACTIVATED 13. USA BANKS ARE ON HIGH ALERT 14. NEW GLOBAL BANKING SYSTEM HAS BEEN ACTIVATED 15. JACKSON HOLE MEETING CREATED ADDITIONAL GLOBAL PRESSURE ON JACK LEW AND THE USA 16. CME IS ON HIGH ALERT 17. LARGE AMOUNTS OF MONEY ARE MOVING GLOBALLY 18. IRAQ BOND SALE STRUCTURES & INSTRUMENTS FINALIZED. [post 2 of 2]
8-26-2014 Intel Guru EXOGEN 1. GLOBAL CURRENCY RESET IS COMPLETED 2. THE NEW USN'S HAVE BEEN ACTIVATED GLOBALLY WITH A RATE (CHANGING FROM ADMINISTRATIVE HOLD TO LIVE DAILY) 3. IRAQ IS FOLLOWING INSTRUCTIONS FROM THE USA 100% 4. UST I.T. TEAMS & STAFF ARE IN IRAQ TODAY 5. PRIME MINISTERS FROM AROUND THE WORLD ARE VISITING IRAQ 6. BRICS, MINT , & NEXT 11 COUNTRIES ARE MOVING FORWARD 7. GLOBAL COALITION IS NOW ACTIVATED TO FIGHT ISIS 8. THE GOVERNMENT OF IRAQ IS COMPLETED. [post 1 of 2....stay tuned]
8-26-2014 Intel Guru Mnt Goat ...still no formal announcement of the fully formed and seated government of Iraq...Earlier last week Abadi had stated the Iraq would make the formal announcement on Monday 8/25... Dr. Abadi said the formation of the government was very positive, and would be finished and announced WITHIN 2 DAYS and I believe this is now our new window. So we now wait and see if they live up to their promised 2 day extension in making the announcement or will they postpone it again? They have already postponed it twice...we wait for a formal (global) announcement to the public that the Iraq government is now fully formed. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES. Hang on folks, the announcement is coming! I do whole heartedly believe that the RV rollout will be completed just prior to or just after this announcement.
8-26-2014 Intel/Newshound Guru Poppy3 DR SHABIBI HAS BEEN BEHIND THE SCENES ALL THE WHILE AND I HAVE STATED THAT SINCE HE WAS WRONGLY CHARGED. HE HAS BEEN WORKING ON IRAQ'S BEHALF AT THE IMF AND HE, I AM SURE, HAS BEEN LAYING OUT THE PROCESS OF GETTING FINANCIAL REFORM STARTED AND FUNCTIONING ASAP. HE WAS PUSHING FOR THE RV BEFORE HE LEFT AND SAYING IT WAS NEEDED THEN AND Im sure he is pushing for turki to move on the process today.
8-26-2014 Newshound Guru Blueyesinlevis He then cites the examples of Japan and Germany post WII.. which to me is VERY encouraging... it puts Iraq on a par with two very important historical examples of the US rebuilding powerful economies after winning a war with them. This statement is incredibly encouraging... especially on the eve of the new GOI formation...seated minister of defense and Security on the way .... The Kurds being handed the Ministry of Oil.... Maliki's obvious irrelevance.... Article 140 and the HCL on the front burner.... The news to day about them being close to Article 8 compliance... the list goes on.. and this statement from Shabibi can not be denied..."time is considered an important economic variable, and therefore is reduced to a primary goal." [post 2 of 2]
8-26-2014 Newshound Guru Blueyesinlevis [new guru] Article: "Economic performance in the development of Iraq did not materialize and the time lost a lot from him" Quote: "It is important to accommodate the importance of time, particularly as the previous period has been lost in terms of economic and productivity, and we now need to greater efforts and higher efficiency" What I read Shabibi saying... was that much time was LOST... THAT time can NEVER be made up...and the result is that the cost of development a decade later ( NOW)...is higher than it would have been had the infrastructure and economy been developed correctly during the Reign of Stupidity and Corruption. I see Shabibi being very clear... time is wasting.. the time is NOW... let's not LOSE any more time. This means that the time is considered an important economic variable, and therefore is reduced to a primary goal. [post 1 of 2....stay tuned]
8-26-2014 Newshound Guru Chattels Parliament passed no laws today [Monday] that i am aware of. Ebadi announced no ministers today [Monday]...there is news that Ebadi may announce by Wednesday, but parliament is adjourned until the 2nd of september at this point.
8-26-2014 Intel Guru Jester I THINK THEY THOUGHT WE WERE HEADING THE RIGHT DIRECTION... AND SOMETHING HELD THINGS UP.... CLOGGED UP WAS THE OPERATIVE WORDING... AND NOW THEY ARE DOING A LITTLE CASH FLOW WORK AROUND...I THINK THEY ARE NEARLY OUT OF TIME... I HAVE THOUGHT THAT FOR A LITTLE WHILE... BUT SOMETHING HAS CHANGED THE CASH FLOW... SO I AM PRETTY SURE IT HAS COME CLOSE OR THINGS WOULD NOT HAVE CHANGED TO REPLACE WHAT HAD PREVIOUSLY BEEN GOING ON... BUT SO FAR... JUST THE HIGH END BANKING SYSTEM STUFF...
8-26-2014 Intel Guru Frank26 A holiday has been announced for Mon. 9/1/14. The rate is at all banks. The GOI is not to be formed, but TO BE ANNOUNCED.